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NC legislator makes the case for cryptocurrency in state investments

NC legislator makes the case for cryptocurrency in state investments

Published 11 months ago
Description

The N.C. House recently passed a bill to allow the state treasurer to invest state pension funds in cryptocurrency and other digital assets. Rep. Mike Schietzelt, the first-term Republican who made the case for the bill on the House floor, speaks with WUNC's Colin Campbell about the advantages of cryptocurrency investments and the risk concerns raised by opponents. Schietzelt also discussed his bills to create tax exemptions for retired government employees and an "open enrollment" proposal to let families choose any school in their district. And he explains his approach to winning a competitive Wake County House district last year.

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