New Hampshire Leads with State-Level Crypto Reserve
In a pioneering move, New Hampshire has become the first U.S. state to establish a cryptocurrency reserve.
Governor Kelly Ayotte signed legislation allowing the state to invest up to 5% of its reserves in digital assets and precious metals. Currently, only Bitcoin qualifies under this law due to its market capitalization exceeding $500billion.
This initiative positions New Hampshire at the forefront of state-level crypto adoption, potentially influencing other states to consider similar measures.