New Hampshire Bill Proposes Bitcoin and Precious Metals as Reserve Assets
- A bill introduced by New Hampshire Representative Keith Ammon could allow the state treasury to hold Bitcoin and precious metals as reserve assets.
- The legislation aims to build a “strategic reserve” with both physical and digital currencies, including gold, silver, and platinum.
- Security measures for digital assets will involve working with “qualified custodians” to mitigate storage risks.
- This move aligns with similar initiatives in states like Texas, Ohio, and Pennsylvania.
- The Trump administration previously stated that the federal government owns 207,000 Bitcoin.
If approved, New Hampshire could become a pioneer in incorporating cryptocurrency into public sector financial systems, following trends seen in other states.
