Summary is AI generated, newsroom reviewed.
- Allows banks to offer crypto custody, staking, and transactions
North Carolina has officially entered the crypto regulation landscape with the introduction of House Bill 1029, also known as the Digital Asset and Stablecoin Act. This move signals a growing push at the state level to bring clarity and structure to digital asset handling. The bill follows recommendations from a dedicated blockchain committee, highlighting how seriously policymakers are now approaching the integration of crypto into traditional financial systems.
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— Lookonchain (@lookonchain) April 22, 2026
What the Bill Actually Does
At its core, House Bill 1029 focuses on bridging crypto with established financial infrastructure. It creates a legal framework that allows regulated institutions to participate more directly in the digital asset economy.
Key provisions include:…