New Hampshire is formally on its method in the direction of establishing a Bitcoin reserve, as Governor Kelly Ayotte signed invoice HB 302 into legislation on Tuesday.
“New Hampshire is as soon as once more first within the nation!” Ayotte wrote on X. “Simply signed a brand new legislation permitting our state to spend money on cryptocurrency and valuable metals.”
The invoice would solely at present permit the state to amass one digital asset, Bitcoin, primarily based on its market cap standards. New Hampshire is the primary state to signal such a invoice into legislation, however is amongst quite a few states which were making a legislative push to ascertain a Bitcoin and/or cryptocurrency reserve. Some states have already fallen in need of that ambition.
President Trump issued an govt order in March establishing a nationwide strategic Bitcoin reserve for the US, together with a separate digital property stockpile for different cryptocurrencies.
Editor’s observe: This story is breaking and might be up to date with further particulars.
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