In a groundbreaking move, New Hampshire has officially become the first state in the U.S. to establish a strategic crypto reserve! ๐ Governor Kelly Ayotte signed House Bill 302 into law on Tuesday, May 6, 2025, paving the way for the "Live Free or Die" state to add digital assets to its treasury.
This pioneering legislation allows New Hampshire to invest up to 5% of certain public funds into cryptocurrencies with a market capitalization exceeding $500 billion. Currently, this primarily points to Bitcoin (BTC) โฟ. The law also includes provisions for investing in precious metals. ๐ช
This forward-thinking step, set to take effect in 60 days, positions New Hampshire at the forefront of digital asset adoption by state governments. The move is being celebrated as a significant milestone for the broader acceptance and integration of cryptocurrencies into traditional financial systems. Advocates believe this could serve as a hedge against inflation and promote financial innovation.
Other states have considered similar measures, but New Hampshire is the first to enact such a law, truly living up to its "First in the Nation" motto. What do you think this means for the future of crypto in the U.S.? Drop your thoughts below! ๐
