North Carolina has taken a major step toward integrating Bitcoin into state financial strategies. House Speaker Destin Hall has introduced HB 92, a bill that proposes allowing the state to allocate funds into Bitcoin-related investments. This move follows similar efforts by multiple states like Kentucky and Florida, which have also proposed legislation to invest public funds in digital assets.
North Carolina Introduces Strategic Bitcoin Reserve Bill
House Speaker Destin Hall, one of North Carolina’s most influential lawmakers, personally introduced HB 92. The bill aims to establish a Strategic Bitcoin Reserve by allocating up to 10% of the state’s funds into Bitcoin-related exchange-traded products.
The proposal also includes provisions for state-managed funds, such as pensions for teachers and state employees, veterans’ home trust funds, and insurance funds.
The legislation is co-sponsored by Representatives Mark Brody and Steve Ross, both known for their previous work in shaping cryptocurrency regulations. Dan Spuller, Head of Industry Affairs at the Blockchain Association, confirmed that he advised officials on the bill. He emphasized that this proposal is “not just a messaging bill” but part of an active effort to integrate Bitcoin into North Carolina’s financial framework.
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Kelvin Munene Murithi
Kelvin is a distinguished writer with expertise in crypto and finance, holding a Bachelor’s degree in Actuarial Science. Known for his incisive analysis and insightful content, he possesses a strong command of English and excels in conducting thorough research and delivering timely cryptocurrency market updates.
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Republican Representative Tom Emmer has officially declared his bid for the role of Speaker. In a compelling letter addressed to colleagues on Saturday, the pro-crypto lawmaker expressed his unwavering commitment to fulfilling the promises made to the American people and outlined his vision for the future of the House.
Tom Emmer’s Pledge
Reflecting on the past ten months, Emmer pointed out the pressing issues plaguing the nation, which he promised to help solve, including soaring debt, an open border crisis, economic struggles, and weak foreign policy.
Emmer, if granted the opportunity to become Speaker, also pledged to continue fostering a culture of teamwork, communication, and respect. Furthermore, he held himself accountable and promised to do the same for his colleagues.
“I will also always be honest and direct with all of you, even if we disagree. I will never make a promise I cannot fulfill. I expect to be held accountable, and you can expect that we will also keep you to your word.” Wrote Emmer.
Will Tom Emmer Lead Crypto to Bull Market
Notably, while Emmer’s bid for Speaker signifies a potential shift in momentum within the House, one of the notable aspects of Emmer’s candidacy is his strong support for the cryptocurrency sector.
The lawmaker, 62, has consistently advocated for a more nuanced approach to cryptocurrency regulation, contrasting with the strict policies implemented by the U.S. Securities and Exchange Commission (SEC) under Chair Gary Gensler. In a lunch date hosted by the Blockchain Association earlier this week Emmer underscored the pivotal role that digital assets can assume in tackling the nation’s surging debt crisis.
That said, many feel that Emmer’s support for the cryptocurrency sector could play a crucial role in shaping the regulatory landscape for digital assets in the United States. Importantly, his commitment to transparent and candid leadership is expected to resonate with fellow legislators, a vital factor in the eyes of the cryptocurrency community, which is keenly monitoring developments at Capitol Hill.
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Charles Hoskinson is a definite drawing card for any blockchain industry event, and Bitcoin Events is no different. The Blockchain Africa Conference is very excited to have the founder of Cardano, and the founder and CEO of Input Output Hong Kong (IOHK), return as a keynote speaker. Hoskinson will be discussing IOHK’s projects using the Cardano blockchain on the African continent. He has previously spoken about the enormous opportunities for blockchain technology implementation in Africa as well as IOHK’s partnerships with several African governments to onboard students and citizens onto the Cardano platform for real-world blockchain implementation.
Hoskinson has supported and funded blockchain research labs worldwide, including the University of Edinburgh, Tokyo Institute of Technology and the University of Wyoming. He has a profound commitment to the industry and has been instrumental in changing perceptions about cryptocurrencies and blockchain technology.
Bitcoin Events’ flagship event, Blockchain Africa Conference 2022, is scheduled to take place virtually in less than three days from now, on March 17 to 18, 2022. The conference will be the eighth in the highly acclaimed series and is expected to assemble 2,000 attendees from more than 50 countries, including investors, start-ups, enthusiasts, developers, corporations, policymakers and regulators that will participate in 25 sessions over the event’s two days.
The Blockchain Africa Conference 2022 will be focusing on the opportunities and use cases that blockchain technology presents to both Africa and the rest of the world. Over the years, the conference themes have evolved and aligned with the global adoption of blockchain technology: “Moving Africa Forward,” “Beyond the Hype,” “From Hype to Mainstream” and now “Ready for Business?”
Discussions at the conference will include:
● What is the state of blockchain technology in enterprise adoption, and what’s next?
● How is blockchain technology unlocking the value of livestock in Africa?
● Are cryptocurrencies and blockchain technology the next generation of cross-border payments in Africa?
● What is the value of self-sovereign identity to organizations and citizens in a South African context?
● Smart contracts can redefine business and are one of the biggest reasons people are excited about blockchain technology and investing in cryptocurrency. Which smart contract platforms are ahead of the rest, and why?
● How can blockchain-based gaming be used as a tool for empowerment in Africa, and what opportunities exist?
● In an uncertain regulatory environment, a staggering $32.8 billion was invested into crypto and blockchain-based businesses in 2021. Is this set to continue, and what type of businesses are gaining traction?
● Nigeria recently became the first African country to launch a Central Bank Digital Currency, the eNaira. What does the future look like for CBDCs on the continent?
● Regulation and compliance: What type of digital asset regulation do we see globally, and what is the impact of regulation on the industry?
The conference’s premier sponsors are Blockchain.com, DafriBank and Klever Finance, and its diamond sponsors are AmaZix, Amber Group, Huobi Global, BNB Chain and Metis. Luno, AltcoinTrader, Tacen, CryptoCurrencyWire, QuidPro and The Eastern and Southern African Trade and Development Bank are the gold sponsors of the conference.
The Blockchain Africa Conference 2022 promises to be an action-packed two days of innovative discussions and networking. The conference is an opportunity to connect and network with some of the most influential figures and organizations within the African and global blockchain ecosystem.
Africa is a continent with a very young population, high mobile service penetration and well-established infrastructure. These, among others, are the driving forces accelerating the adoption of blockchain and digital currencies on the continent.
The Blockchain Africa Conference is a valuable opportunity to connect to and learn more about the African blockchain ecosystem.
About Bitcoin Events
Bitcoin Events is the first events company to host world-class blockchain and cryptocurrency-specific conferences in Africa. The company has hosted seven highly successful Blockchain Africa Conferences in Cape Town and Johannesburg, as well as an online 2021 online. Bitcoin Events has also introduced additional annual events such as the Crypto Fest and DeFi Conferences.
A total of 14,000 attendees and 239 speakers from 165 countries have attended these events.
For more information on the Blockchain Africa Conference 2022, visit the site or send an email.
This is a paid press release. Cointelegraph does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. Cointelegraph is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
Charles Hoskinson, Founder of Cardano, Confirmed as Keynote Speaker at Blockchain Africa Conference 2022 Coinspeaker
Source link ]]>
Charles Hoskinson is a definite drawing card for any blockchain industry event. Bitcoin Events is therefore very excited to have the Founder of Cardano, and the Founder and CEO of Input Output Hong Kong (IOHK), return to the Blockchain Africa Conference as a Keynote Speaker. Charles will be discussing IOHK’s projects using the Cardano blockchain on the African continent. He has previously spoken about the enormous opportunities for blockchain technology implementation in Africa, and IOHK’s partnerships with several African governments to onboard students and citizens onto the Cardano platform for a real-world blockchain implementation.
Charles has supported and funded blockchain research labs worldwide, including the University of Edinburgh, Tokyo Institute of Technology and the University of Wyoming. He has a profound commitment to the industry and has been instrumental in changing people’s perceptions about cryptocurrencies and blockchain technology.
Bitcoin Events’ flagship event, Blockchain Africa Conference 2022, is scheduled to take place virtually in less than 3 days, on 17-18 March 2022. The conference will be the 8th in the highly acclaimed series and is expected to assemble 2 000+ attendees from 50+ countries, including investors, start-ups, enthusiasts, developers, corporations, policymakers and regulators.
The Blockchain Africa Conference 2022 (BAC2022) will be focusing on the opportunities and use cases that blockchain technology presents to both Africa and the rest of the world. Over the years, the conference themes have evolved and aligned with the global adoption of blockchain technology:
‘Moving Africa Forward’, ‘Beyond the Hype’, ‘From Hype to Mainstream’, and now ‘Ready for Business?’
Discussions at the conference will include:
• What is the state of blockchain technology in enterprise adoption, and what’s next?
• How is blockchain technology unlocking the value of livestock in Africa?
• Are cryptocurrencies and blockchain technology the next generation of cross-border payments in Africa?
• What is the value of self-sovereign identity to organisations and citizens in a South African context?
• Smart contracts can redefine business and are one of the biggest reasons people are excited about blockchain technology and investing in cryptocurrency. Which smart-contract platforms are ahead of the rest, and why?
• What opportunities exist, and how can blockchain-based gaming be used as a tool for empowerment in Africa?
• In an uncertain regulatory environment, a staggering $32.8 billion was invested into crypto and blockchain technology businesses in 2021. Is this set to continue, and what type of businesses are gaining traction?
• Nigeria recently became the first African country to launch a Central Bank Digital Currency (CBDC), the eNaira. What does the future look like for CBDCs on the continent?
• Regulation and compliance: What type of digital asset regulation do we see globally, and what is
the impact of regulation on the industry?
The conference’s Premier Sponsors are Blockchain.com, DafriBank and Klever Finance. Diamond Sponsors are AmaZix, Amber Group, Huobi Global, BNB Chain and Metis.
Luno, AltcoinTrader, Tacen, CryptoCurrencyWire, QuidPro and The Eastern and Southern African Trade and Development Bank (TDB) are Gold Sponsors of the conference.
The Blockchain Africa Conference 2022 promises to be an action-packed 2 days of innovative discussions and networking. The conference is an opportunity to connect and network with some of the most influential figures and organisations within the African and global blockchain ecosystem.
Africa is a continent with a very young population, high mobile connection penetration, and well-established infrastructure. These, amongst others, are the driving forces accelerating the adoption of blockchain and digital currencies on the continent.
The Blockchain Africa Conference is a valuable opportunity to connect to and learn more about the African blockchain ecosystem.
The event will bring together 2 000+ attendees from 50+ countries, 50+ speakers, and 25+ sessions.
For more information on the Blockchain Africa Conference 2022, visit bIockchainafrica.co
To register and claim your FREE ticket, click here.
About Bitcoin Events:
Bitcoin Events is the first events company to host world-class blockchain and cryptocurrency-specific conferences in Africa. The company has hosted 7 highly successful Blockchain Africa Conferences in Cape Town and Johannesburg and the 2021 edition online. Bitcoin Events has also introduced additional annual events such as the Crypto Fest and DeFi Conferences.
14 000+ attendees and 239 speakers from 165+ countries have attended these events.
For more information on the Blockchain Africa Conference 2022, visit blockchainafrica.co or email
[email protected]
Newt Gingrich, the Ex-Speaker for the US House of Representatives is back in news with his radically pro-Bitcoin suggestions to the authorities. Gingrinch, who is now an adviser at a new Israel-based firm, the International Bitcoin Advisory Corporation (IBAC) recently told the Financial Times that, countries should use Bitcoin as a hedge against inflation as well as against central banks.
He argued that more domestic Central Banks, with less global dominance, stand at “risk of the larger systems”. He used El Salvador Central Bank’s example in comparison to the globally dominant American or Chinese Central Banks.
“This is an opportunity for countries to hold part of their reserve in bitcoin as a hedge against inflation and against central banks… I think in particular when you have banks like the central bank of El Salvador that doesn’t do very much to influence worldwide financial behaviour. They’re ultimately at the risk of the larger systems — the Americans the Chinese, the Germans — changing the rules of the game. In its present cycle that’s clearly an inflationary direction…”
Newt Gingrich claims Bitcoin Global Dominance
Newt, who personally owns Bitcoin, also specified that Bitcoin is the most appropriate choice for a Hedge as it is also the most globally accepted virtual currency. Furthermore, he also believes that Bitcoin’s carbon output is substantially lower than that of the falsely marketed electric cars, which he defined as “one of the great hoaxes of all time”.
“I’m staying focused on bitcoin because I think it’s the most widely reported and the most widely held.”
Bitcoin Hits New All-Time High
Bitcoin (BTC) price crossed $67,000 hitting a new all-time high and further entering the price discovery zone yesterday. Even after a minor correction Bitcoin was trading slightly above $65K with a market cap of $1.23 trillion, at the time of reporting. Earlier today, CoinGape’s coverage caught Tesla CEO, Elon Musk’s response to this exceptional hike. Musk tweeted a “69-420” meme to define Bitcoin’s spike. Furthermore, Tesla’s BTC holdings also made massive profits, exceeding $1 billion.
— Elon Musk (@elonmusk) October 21, 2021
Disclaimer
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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