๐ฅ BREAKING: New Hampshire Bitcoin Reserve Bill Advances! ๐
New Hampshire is taking a bold step toward Bitcoin adoption with HB 302, a bill that has just passed the Senate Finance Committee with a 4-1 vote! ๐๐
Key Highlights:
๐น Bill Overview: HB 302 allows the state treasurer to invest up to 10% of state funds in precious metals and digital assets, including Bitcoin! ๐ฐ
๐น Eligibility: Only cryptocurrencies with a market cap over $500 billion qualify โ Bitcoin is currently the only coin that meets this threshold! ๐ฅ
๐น Strategic Reserve: The bill aims to create a โStrategic Reserveโ for secure custody of digital assets, ensuring full control over the state's holdings. ๐ฆ
This is a game-changer for Bitcoin adoption in the U.S.! ๐บ๐ธ Could New Hampshire be leading the way in state-run Bitcoin reserves? ๐ฅ
The bill now moves to the full Senate and, if approved, will go to the Governor for final approval. Stay tuned! ๐
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