Bitcoin News
By Evie Vavasseur
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New Hampshire has officially made history by becoming the first U.S. state to sign into law a bill allowing part of its financial reserves to be invested in Bitcoin and other…
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Governor Ayotte praised the bold move in a public statement, emphasizing the state's leadership in embracing financial innovation.
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The legislation, known formally as House Bill 302 (HB 302), originates from a proposal by the Satoshi Action Fund, a well-known Bitcoin advocacy group.
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According to the law, the investments can be made through either custodians or regulated exchange-traded funds (ETFs), and holdings will be capped at a maximum of five percent of…
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Industry figures have welcomed the legislation. Nate Geraci, president of ETF Store, took to social media to praise the move, calling it a clear sign that cryptocurrencies are no…
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The news comes after Arizona, a frontrunner in the race to pass similar legislation, failed to push its Bitcoin reserve bill through.
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In contrast, New Hampshire has taken a calculated but confident step forward. The state's move sets a potential precedent that could influence other states to consider similar…
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The law will take effect 60 days after signing, meaning July 2025 will likely mark the state’s first allocation into Bitcoin or another qualifying digital asset.
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While critics argue that cryptocurrencies remain too volatile for public reserve funds, supporters believe that measured exposure to digital assets can act as a hedge against…
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If the law proves successful, it may well open the door for a wave of similar bills across the country.
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New Hampshire’s decision to embrace Bitcoin as part of its official reserves could be the start of a broader trend in U.S.
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