New Hampshire becomes first state to create crypto reserve

Published



On Tuesday, New Hampshire’s governor signed a bill establishing a cryptocurrency reserve, making it the first state to let its government invest in cryptocurrencies such as Bitcoin.

New Hampshire House Bill 302 “enables the state treasurer to invest state funds into precious metals and digital assets,” allowing the state to invest as much as 5% of its public funds into any digital asset with a market cap over $500 billion.

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