The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
This summary text is fully AI-generated and may therefore contain errors or be incomplete.
This summary text is fully AI-generated and may therefore contain errors or be incomplete.
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.
📎 Read the original article on crypto-news-flash.com
Related Tags: Bitcoin
Other Tags: Dennis Porter, Eleanor Terrett