New Hampshire Bitcoin reserve bill heads to full Senate vote
Summary
New Hampshire's House Bill 302, allowing the state to invest 10% of its general funds in digital assets and precious metals, has advanced to a full Senate vote after passing a second committee. The bill, which passed the House in a 192–179 vote, requires Senate approval and the governor's signature to become law. It targets cryptocurrencies with a market cap over $500 billion, currently only Bitcoin. Democratic Representative Terry Spahr opposes the bill, citing unnecessary risks, while Republican Representative Jordan Ulery supports it for potential financial returns. New Hampshire is also considering two other blockchain-related bills, HB 639 and HB 310.