In a historic move, New Hampshire has become the first U.S. state to pass a law allowing the state treasury to hold Bitcoin as part of its financial reserves.
Key Points of the New Law (HB 302):
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The state can buy and hold Bitcoin and other top digital assets, but only those with a market value over $500 billion—right now, that’s only Bitcoin.
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The Bitcoin reserve cannot be more than 5% of the state’s total financial reserves.
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The digital assets must be stored safely—in multi-signature wallets, with approved custodians, or in U.S.-regulated financial products.
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The law will be active within 60 days, and the treasury will start building the Bitcoin reserve after that.
This law was based on a model created by the Satoshi Action Fund, aiming to encourage other states to follow. Supporters say it’s the beginning of a bigger movement for state-level Bitcoin adoption.
Disclaimer: This article is for information only and not financial advice.
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