New Hampshire Advances Bitcoin Reserve Bill
- New Hampshire’s House Committee passed House Bill 302 by a 16-1 vote.
- The bill allows up to 5% of public funds to be allocated to Bitcoin and precious metals.
- Bitcoin is the only digital asset qualifying under the bill’s $500 billion market cap criteria.
- President Donald Trump supports a U.S. Crypto Reserve featuring Bitcoin and Ethereum.
- Other states like Utah, Texas, Arizona, and Oklahoma are pursuing similar legislation.
The New Hampshire House Commerce and Consumer Affairs Committee approved HB 302, enabling potential investment in Bitcoin, which currently holds a market capitalization of $1.8 trillion. This move aligns with similar efforts in other states to incorporate digital assets into state finances.
Source (2.6)https://decrypt.co/308889/new-hampshire-bitcoin-reserve-bill-passes-house-committee-in-landslide-vote?rand=52368
