北卡羅來納州可能成為允許其養老基金投資加密貨幣的州之一

北卡羅來納州已採取措施允許州養老基金投資加密貨幣，州議會批准了兩項法案，這些賬單將大修，該州如何管理其投資。

The North Carolina House has taken steps toward allowing state pension funds to invest in cryptocurrencies, approving two bills that would overhaul how the state manages its investments and could place North Carolina among the first states to formally invest public funds in digital assets.

北卡羅來納州的房屋已採取措施，旨在允許州養老基金投資加密貨幣，批准了兩項賬單，這些賬單將大修，該賬單將如何管理其投資，並可以將北卡羅來納州置於最早將公共資金正式投資於數字資產的州中。

The House voted 110-3 on Thursday to pass House Bill 506, which would create a five-member North Carolina Investment Authority to manage the state’s $127 billion portfolio. The measure now awaits Senate approval.

眾議院週四以110票對3票通過了506號法案，這將創建一個由五人組成的北卡羅來納州投資局，以管理該州的1270億美元投資組合。該措施現在正在等待參議院的批准。

Later Thursday, the House passed House Bill 92 in a closer 71-44 vote. That bill, which still requires a Senate vote, would permit up to 5% of the state’s investments to be allocated to cryptocurrencies.

週四晚些時候，眾議院以71-44票的封閉方式通過了92號法案。該法案仍需要參議院投票，將允許該州的5％投資分配給加密貨幣。

Both bills were on the agenda for a third reading and final vote. However, due to a technicality in the last vote on HB 92, the bill will require another vote on Friday.

這兩項法案都在議程上進行三讀和最終投票。但是，由於HB 92的最後一票進行技術性，該法案將在周五再次投票。

State Treasurer Brad Briner, a Republican who took office in November, has backed both bills. The legislation would shift investment authority away from the treasurer’s sole control to the new board, while expanding investment options to include digital assets.

共和黨人在11月上任的共和黨人布拉德·布里納（Brad Briner）都支持這兩個法案。該立法將把投資管理局從司庫的唯一控制權轉移到新董事會上，同時將投資選擇擴大到包括數字資產。

The bills are part of a broader effort to reform the state’s pension system, which faces a $16 billion deficit. The fund has also performed poorly in recent years, ranking among the worst-performing state pensions in a recent ranking by the PEW Charitable Trust.

賬單是改革國家養老金制度的更廣泛努力的一部分，該制度面臨160億美元的赤字。近年來，該基金的表現也很差，在Pew Charitable Trust的最新排名中，該基金在表現最差的國家養老金中排名。

New Management Structure

新的管理結構

The legislation creates a five-member investment authority, with members appointed by the governor, speaker of the house, senate president pro tem, and treasurer. Each member must have "expert knowledge of investments" and at least 10 years of experience managing pensions or other investments.

該立法將創建一個由州長，眾議院議長，參議院總統Pro Tem和財務主管任命的成員，創建了一個由五人組成的投資機構。每個成員必須具有“投資專業知識”，並且必須至少有10年管理養老金或其他投資的經驗。

The board would appoint a chief investment officer, who would be responsible for negotiating third-party contracts.

董事會將任命一名首席投資官，他將負責談判第三方合同。

The legislation also includes several protections against conflicts of interest and would require the state to obtain an independent third-party assessment before investing in any cryptocurrencies.

該立法還包括對利益衝突的幾種保護，並要求國家在投資任何加密貨幣之前先獲得獨立的第三方評估。

Those investments would also be limited to diversified crypto products, similar to mutual funds, rather than direct investments in specific cryptocurrencies, like Bitcoin.

這些投資還將僅限於多元化的加密產品，類似於共同基金，而不是在特定的加密貨幣（例如比特幣）上進行投資。

Recent amendments to the bill also allow for exploring ways to let retirement plan members opt to invest in digital assets held as exchange-traded products.

該法案的最新修正案還允許探索方法，讓退休計劃成員選擇投資於交易所交易產品的數字資產。

“We need to spread the allocation around,” said Rep. Keith Kidwell, a Republican from Beaufort, in remarks on Thursday. “Just like any good investment broker would do for you.”

Beaufort的共和黨眾議員Keith Kidwell在周四的講話中說：“我們需要分配分配。” “就像任何好的投資經紀人都會為您做的一樣。”

Democrats who spoke against the measure raised concerns about the volatility of cryptocurrencies.

反對這一措施的民主黨人引起了人們對加密貨幣波動的擔憂。

"I still have a lot of questions about this investment strategy and the level of commitment we’re making to it," said Rep. Maria Cervania, a Democrat from Wake County.

韋克縣的民主黨人瑪麗亞·塞瓦尼亞（Maria Cervania）說：“我仍然有很多問題以及我們對此的承諾水平。”

The bill has also drawn criticism from some interest groups. The State Employees Association of North Carolina has come out against the legislation, while Democratic Governor Josh Stein has voiced support for the measure.

該法案還提出了一些利益集團的批評。北卡羅來納州州僱員協會反對這項立法，而民主黨州長喬什·斯坦（Josh Stein）表示支持這一措施。

The legislation also includes provisions for a potential "strategic reserve" of digital assets for the state and options for state employees to include crypto in their own portfolios.

該立法還包括針對國家的數字資產的潛在“戰略儲備”的規定，以及使國家僱員將加密貨幣納入自己的投資組合中的選擇。

North Carolina joins Arizona in the endeavor to invest state funds in cryptocurrencies. On Friday, the Arizona House approved two bills proposing different methods for establishing a state crypto reserve.

北卡羅來納州加入亞利桑那州，努力投資於加密貨幣。星期五，亞利桑那州議會批准了兩項法案，提出了建立州加密保護區的不同方法。

This makes Arizona the only state where both the House and Senate have passed bills on investing state funds in cryptocurrencies in the 2024 legislative session. Both bills still require the approval of the other chamber and Governor Doug Ducey to become law.

這使得亞利桑那州成為眾議院和參議院在2024年立法會議上通過對加密貨幣投資州資金進行投資的法案的唯一州。這兩項法案仍然需要其他會議廳的批准，道格·杜西（Doug Ducey）成為法律。

If the North Carolina bills pass the Senate and become law, the authority to invest in digital assets would transfer to the new investment board, which would make decisions based on third-party assessments.

如果北卡羅來納州的法案通過參議院並成為法律，則投資數字資產的權力將轉移到新的投資委員會，這將根據第三方評估做出決定。

These legislative efforts are part of a broader trend as state governments are exploring opportunities in the evolving digital asset space, balancing the potential investment returns against the risks of cryptocurrency markets.

這些立法努力是更廣泛的趨勢的一部分，因為州政府正在探索不斷發展的數字資產空間中的機會，使潛在的投資回報與加密貨幣市場的風險取得平衡。