New Hampshire Passes Bitcoin Reserve Bill into Law
By: cryptosheadlines|2025/05/07 01:30:02
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Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com New Hampshire has made history as the first State in America to adopt the Strategic Bitcoin Reserve Bill into law. Months after Rep. Keith Ammon introduced the bill, it has now become law. The New Hampshire plan to gain exposure to Bitcoin is based on the model created by the Satoshi Action Fund, a firm affiliated with BTC bull Dennis Porter.New Hampshire Breaks the Bitcoin Reserve MythAccording to the Press Release shared on X by Porter, the HB 302 Bill is now law, the first of its kind in the country. Under the new law, the State treasurer can buy Bitcoin and another digital asset with a market capitalization of at least $500 billion. Notably, only BTC fits this requirement.The New Hampshire BTC Bill was introduced in January and moved closer to adoption as the House assented in March. With the proposed law, the state can hold up to 5% of its funds in digital currencies.This move complements the general trend in the United States, where different regions are now contemplating whether to proceed with crypto reserves.This is a breaking news, please check back for updates!!!✓ Share: Godfrey Benjamin Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture. Follow him on X, Linkedin Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.Source link
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