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New Hampshire has made history by becoming the first U.S. state to establish a Bitcoin reserve fund, allocating up to 5% of public funds into BTC and major digital assets. This landmark legislation could set a precedent for other states to follow, integrating cryptocurrency into public financial strategies.
- New Hampshire is the first U.S. state to legally authorize a Bitcoin reserve fund, allowing up to 5% of public funds in BTC and high-cap digital assets.
- The law requires assets to be held under strict U.S.-regulated custody, either in state-controlled wallets or with approved custodians.
- Bitcoin's price rose to $97,359 following the announcement, signaling positive market reaction to institutional crypto adoption.
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