New Hampshire Becomes First U.S. State to Approve Strategic Bitcoin Reserve Law
The post New Hampshire Becomes First U.S. State to Approve Strategic Bitcoin Reserve Law appeared on BitcoinEthereumNews.com.
Key Takeaways: New Hampshire passes a historic bill allowing up to 5% of state funds to be invested in crypto. Bitcoin is currently the only digital asset that meets the law’s $500B market cap requirement. The move positions New Hampshire ahead of states like Arizona and Florida in crypto adoption. New Hampshire has taken the national lead by becoming the first state to authorize cryptocurrency investments for its public funds. Signed into law by Governor Kelly Ayotte, the new policy marks a critical step toward mainstreaming Bitcoin in public finance and diversifying state reserves. Read More: Arizona Moves Closer to Crypto Milestone with Bitcoin Reserve Bills Approved by House A Landmark Move in State-Level Crypto Legislation New Hampshire’s newly signed bill allows the state to invest up to 5% of available public funds in cryptocurrency and precious metals. For crypto specifically, only assets with a market capitalization of at least $500 billion are eligible—currently, this includes only Bitcoin. This makes New Hampshire the first U.S. state to legally approve a strategic crypto reserve. While other states have explored similar legislation, most failed to pass key hurdles. Arizona, for example, advanced a comparable bill earlier this year but saw it vetoed. Florida and others have withdrawn their proposals, unable to gather sufficient momentum. By contrast, New Hampshire’s swift action positions the state as a policy leader in digital assets. According to Governor Ayotte, “New Hampshire is once again first in the Nation.” The governor shared the news on X (formerly Twitter), celebrating the state’s pioneering move. Why Bitcoin? Eligibility Criteria and Reserve Goals Strict Criteria Limit Options to Bitcoin—For Now Under the new law, any digital asset eligible for state investment must have a minimum market cap of $500 billion. This requirement sharply narrows the field and currently limits the state’s…
