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State Meets Crypto: North Dakota Proposes Bitcoin Investment

  • North Dakota has approved a resolution to invest in digital assets, including Bitcoin, to spur economic growth and address inflation.
  • The resolution encourages the investment board and state treasurer to diversify reserve funds to include cryptocurrencies.
  • The move is seen as a way to protect the state's funds against inflation and changing economic landscapes.
  • North Dakota joins other states like Pennsylvania, Florida, Texas, and Alabama in considering the inclusion of cryptocurrencies in their reserves.

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