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The N.C. House recently passed a bill to allow the state treasurer to invest a portion of state pension funds in cryptocurrency and other digital assets. First-term Rep. Mike Schietzelt, R-Wake, made the case for the bill on the House floor.
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Treasurer Brad Briner told a legislative committee that the state's retirement funds have had a faulty investment strategy in recent years. Here's how he wants to fix it.
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North Carolina could add bitcoin and other cryptocurrency into its state investment portfolio under a bill moving in the state House this week. Advocates, including the new House speaker, think it could improve returns for the state pension fund.
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One of the state鈥檚 only cryptocurrency mining operations is located a few miles outside Murphy at North Carolina鈥檚 far-western tip. And it鈥檚 driving the locals crazy.
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The House Ethics Committee has told departing U.S. Rep. Madison Cawthorn of North Carolina to pay over $14,000 to charity. The committee determined Cawthorn financially benefited while purchasing a cryptocurrency that he was promoting and violated conflict of interest rules.
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Two major data breaches in North Carolina have come to light in the past week. On Tuesday, Dec. 5, Mecklenburg County revealed hackers broke into 48鈥
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Two major data breaches in North Carolina have come to light in the past week. On Tuesday, Dec. 5, Mecklenburg County revealed hackers broke into 48鈥
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If you have never heard of a 鈥淏itcoin,鈥 you are not alone. Even though the digital currency continues to get a lot of attention around the world, it鈥檚鈥