#CryptoRoundTableRemarks - United States: New Hampshire is the first state to approve a Bitcoin Strategic Reserve law

The new law allows the state to invest up to 5% of public funds in a digital asset that has at least $500 billion in market capitalization, which currently leaves Bitcoin (BTC) as the only eligible asset.

After several failed attempts, New Hampshire has made history by becoming the first state to approve a "Bitcoin Strategic Reserve" bill.

Governor Kelly Ayotte signed the HB 302 law on May 6, which allows for the investment of a portion of the state's public funds in cryptocurrencies and precious metals.

The announcement communicated through Governor Ayotte's account on the social network X provides a forward-looking political framework that reflects the Satoshi Action model for creating a reserve fund of Bitcoin and digital assets.

The state has outpaced several others this year, as what had begun as a push from state legislators encountered obstacles in recent weeks. By being the first to authorize its treasurer to create such a reserve, New Hampshire could very well also get ahead of the federal government in forming a reserve.

The new law allows the state of New Hampshire to invest up to 5% of public funds in a digital asset that has at least $500 billion in market capitalization, which currently leaves Bitcoin (BTC) as the only eligible asset.