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New Hampshire Passes 'Strategic Bitcoin Reserve' Bill

The nation's first such bill enables the state treasurer to invest public funds in digital assets with a market cap over $500B.

New Hampshire Passes 'Strategic Bitcoin Reserve' Bill

New Hampshire has passed the U.S.'s first 'Strategic Bitcoin Bitcoin Reserve' bill, with other states considering similar legislation for state reserves.

What’s the Scoop?

  • Trailblazing Law: New Hampshire is the first U.S. state to pass a 'Strategic Bitcoin Reserve' bill, signaling the potential use of Bitcoin in state reserves.
  • State Interest Growing: Other states like Arizona, Illinois, Michigan, Maryland, and Texas are considering similar legislation drafted in collaboration with the Satoshi Action Fund.
  • Nonprofit Support: The Satoshi Action Fund, a pro-Bitcoin nonprofit organization, played a crucial role in drafting and promoting this groundbreaking bill.

Bankless

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