New Hampshire has made financial history by approving the United States’ first municipal bond backed by Bitcoin, creating a groundbreaking $100 million financing instrument that allows companies to borrow against cryptocurrency collateral without taxpayer exposure. This pioneering initiative, structured with robust safeguards and institutional-grade compliance, represents a significant milestone in digital asset adoption and could potentially open access to the $140 trillion global debt market for cryptocurrencies.
about New Hampshire Launches First Bitcoin-Backed Municipal BondKeith Ammon
0 posts last weekNew Hampshire Bitcoin Bill Advances with Strong Committee Support
New Hampshire’s House Bill 302, which allows the state treasurer to invest up to 5% of certain funds into Bitcoin and other qualifying assets, passed the House Commerce and Consumer Affairs Committee with a 16-1 vote. The bill, introduced by Republican Keith Ammon, excludes stablecoins and staking, focusing solely on digital assets with a $500 billion market cap, currently only met by Bitcoin. This initiative aligns with a growing trend among U.S. states exploring Bitcoin investments, following similar legislative efforts in North Carolina, Oklahoma, and Texas.
about New Hampshire Bitcoin Bill Advances with Strong Committee SupportNew Hampshire Advances Bitcoin Reserve Bill Amid Growing National Interest
New Hampshire’s House Commerce and Consumer Affairs Committee has passed House Bill 302, allowing the state treasurer to invest up to 5% of public funds in Bitcoin, following a 16-1 vote. This aligns with a national trend as states like Texas and Utah also pursue Bitcoin reserve legislation, while some states, including Montana and South Dakota, have rejected similar proposals due to concerns over volatility.
about New Hampshire Advances Bitcoin Reserve Bill Amid Growing National InterestNew Hampshire House Committee Approves Bitcoin Reserve Bill for Full Vote
A New Hampshire House committee approved a Bitcoin reserve bill with a 16-1 vote, allowing the state treasurer to invest 5% of certain funds in digital assets, primarily Bitcoin, which meets the criteria of a $500 billion market cap. The bill, introduced by Republican Keith Ammon and co-sponsored by Democrats, also permits investments in precious metals. New Hampshire joins several other states in advancing similar legislation amid growing regulatory interest in cryptocurrency.
about New Hampshire House Committee Approves Bitcoin Reserve Bill for Full VoteUtah Proposes Bill to Allow Investment of Public Funds in Crypto
Utah has introduced legislation allowing the state treasurer to invest up to 10% of public funds in digital assets, including provisions for staking and lending. The bill mandates strict security measures for cryptographic keys and protects individual self-custody rights. If passed, the law will take effect on May 7, 2025, positioning Utah as the eleventh state to adopt such measures.
about Utah Proposes Bill to Allow Investment of Public Funds in CryptoBitcoin Market Volatility Amid Legal Battles and ETF Withdrawals
Bitcoin experienced significant volatility this week, dropping from a high of over $102,000 to around $94,400, influenced by Federal Reserve signals on interest rates and low unemployment data indicating potential inflation. Additionally, a U.S. court has approved the sale of over 69,000 Bitcoin seized from the Silk Road, valued at $6.5 billion, which could further impact market prices. Investors are also pulling out of American Bitcoin ETFs, contributing to the downward trend.
about Bitcoin Market Volatility Amid Legal Battles and ETF WithdrawalsNew Hampshire and North Dakota Propose Strategic Bitcoin Reserve Legislation
New Hampshire and North Dakota have introduced legislation for a Strategic Bitcoin Reserve, aiming to diversify state treasuries with digital assets. New Hampshire’s bill, led by Rep. Keith Ammon, subtly references “digital assets” instead of explicitly mentioning Bitcoin. North Dakota’s proposal, backed by multiple sponsors, follows a similar trend seen in Pennsylvania, where lawmakers view Bitcoin as a hedge against economic instability. The push for a Bitcoin reserve has gained momentum since Donald Trump’s election promise to make the U.S. a crypto capital, though opinions on its feasibility vary among industry leaders.
about New Hampshire and North Dakota Propose Strategic Bitcoin Reserve LegislationNew Hampshire Considers Bill for State Bitcoin Reserve Investment
New Hampshire Rep. Keith Ammon has proposed a bill allowing the state Treasury to invest public funds in digital assets and precious metals, aiming to protect against inflation and align with local values of minimal regulation. The bill would cap investments at 10% of public funds, currently allowing only Bitcoin, and includes provisions for lending or staking digital assets. This initiative reflects a growing trend among U.S. states to establish Bitcoin reserves, echoing similar proposals at the national level.
about New Hampshire Considers Bill for State Bitcoin Reserve Investment