In a significant move, New Hampshire's lawmakers have embraced the world of cryptocurrency by passing a bill that permits state funds to venture into the realm of Bitcoin! With the House narrowly approving this groundbreaking measure by a vote of 192 to 179, the proposed law paves the way for up to 10% of the state’s treasury to be allocated toward assets like Bitcoin and precious metals.

At this moment, only Bitcoin meets the criteria, necessitating a minimum market cap of \$500 billion. Representative Keith Ammon, the bill's champion, passionately argues that this step would liberate the state from an overreliance on the US dollar, creating a more diversified investment portfolio.

However, not everyone shares this enthusiasm. Critics, such as Democrat Terry Spahr, voice their concerns, labeling the measure as both unnecessary and fraught with risks. Spahr reminds us that the state already has the authority to make such investments and cautions against the unpredictable nature of cryptocurrency prices.

The bill is now set to make its way to the Senate, where its future hangs in the balance, awaiting the decisive hand of Governor Kelly Ayotte. New Hampshire joins the ranks of states like Texas, Arizona, and Oklahoma, which have recently adopted similar forward-thinking laws.

In a parallel development, Florida is making strides with its own Bitcoin investment bill, aspiring to allow its treasury to dive into digital assets. Florida lawmakers proudly proclaim that this initiative positions the state as a trailblazer in crypto-friendly policy, reflecting a burgeoning enthusiasm at the state level for Bitcoin as a viable financial reserve. #MastercardStablecoinCards $BTC