Cryptocurrency Investment Announcement in New Hampshire

On May 6, New Hampshire Governor Kelly Ayotte signed a bill allowing the state treasury to invest in cryptocurrencies, including Bitcoin (BTC). The bill was passed by both the state Senate and House. This allows New Hampshire to invest in cryptocurrencies and precious metals.

Bill Details

Bill 302, introduced in January, allows the state treasury to use funds to invest in cryptocurrencies with a market capitalization over $500 billion, excluding many tokens and meme coins that do not qualify. This move makes New Hampshire the first state among many in the U.S. to consider establishing a strategic Bitcoin reserve fund.

Comparison with Other States

In Arizona, a similar bill was passed in the House but was vetoed by Governor Katie Hobbs on May 2. New Hampshire stands out for its pioneering efforts to legalize state-level cryptocurrency investment, which could open up new collaboration opportunities with the federal government.

Conclusion

This bill represents an important development for New Hampshire and could set a precedent for other states across the nation. This story continues to evolve, and more information will be released as it becomes available.

Note: This content only provides market information and does not constitute investment advice.

Source: https://tintucbitcoin.com/thong-doc-new-hampshire-phe-duyet-luat-du-tru-crypto/

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