北卡罗来纳州可能成为允许其养老基金投资加密货币的州之一

北卡罗来纳州已采取措施允许州养老基金投资加密货币，州议会批准了两项法案，这些账单将大修，该州如何管理其投资。

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.

北卡罗来纳州的房屋已采取措施，旨在允许州养老基金投资加密货币，批准了两项账单，这些账单将大修，该账单将如何管理其投资，并可以将北卡罗来纳州置于最早将公共资金正式投资于数字资产的州中。

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.

众议院周四以110票对3票通过了506号法案，这将创建一个由五人组成的北卡罗来纳州投资局，以管理该州的1270亿美元投资组合。该措施现在正在等待参议院的批准。

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.

周四晚些时候，众议院以71-44票的封闭方式通过了92号法案。该法案仍需要参议院投票，将允许该州的5％投资分配给加密货币。

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.

这两项法案都在议程上进行三读和最终投票。但是，由于HB 92的最后一票进行技术性，该法案将在周五再次投票。

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.

共和党人在11月上任的共和党人布拉德·布里纳（Brad Briner）都支持这两个法案。该立法将把投资管理局从司库的唯一控制权转移到新董事会上，同时将投资选择扩大到包括数字资产。

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.

账单是改革国家养老金制度的更广泛努力的一部分，该制度面临160亿美元的赤字。近年来，该基金的表现也很差，在Pew Charitable Trust的最新排名中，该基金在表现最差的国家养老金中排名。

New Management Structure

新的管理结构

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.

该立法将创建一个由州长，众议院议长，参议院总统Pro Tem和财务主管任命的成员，创建了一个由五人组成的投资机构。每个成员必须具有“投资专业知识”，并且必须至少有10年管理养老金或其他投资的经验。

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

董事会将任命一名首席投资官，他将负责谈判第三方合同。

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.

该立法还包括对利益冲突的几种保护，并要求国家在投资任何加密货币之前先获得独立的第三方评估。

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

这些投资还将仅限于多元化的加密产品，类似于共同基金，而不是在特定的加密货币（例如比特币）上进行投资。

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.

该法案的最新修正案还允许探索方法，让退休计划成员选择投资于交易所交易产品的数字资产。

“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的共和党众议员Keith Kidwell在周四的讲话中说：“我们需要分配分配。” “就像任何好的投资经纪人都会为您做的一样。”

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

反对这一措施的民主党人引起了人们对加密货币波动的担忧。

"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.

韦克县的民主党人玛丽亚·塞瓦尼亚（Maria Cervania）说：“我仍然有很多问题以及我们对此的承诺水平。”

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.

该法案还提出了一些利益集团的批评。北卡罗来纳州州雇员协会反对这项立法，而民主党州长乔什·斯坦（Josh Stein）表示支持这一措施。

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.

该立法还包括针对国家的数字资产的潜在“战略储备”的规定，以及使国家雇员将加密货币纳入自己的投资组合中的选择。

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.

北卡罗来纳州加入亚利桑那州，努力投资于加密货币。星期五，亚利桑那州议会批准了两项法案，提出了建立州加密保护区的不同方法。

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.

这使得亚利桑那州成为众议院和参议院在2024年立法会议上通过对加密货币投资州资金进行投资的法案的唯一州。这两项法案仍然需要其他会议厅的批准，道格·杜西（Doug Ducey）成为法律。

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.

如果北卡罗来纳州的法案通过参议院并成为法律，则投资数字资产的权力将转移到新的投资委员会，这将根据第三方评估做出决定。

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.

这些立法努力是更广泛的趋势的一部分，因为州政府正在探索不断发展的数字资产空间中的机会，使潜在的投资回报与加密货币市场的风险取得平衡。