New Hampshire governor signs crypto reserve bill into law
Summary
Kelly Ayotte, Governor of New Hampshire, signed a bill allowing the state treasurer to invest in cryptocurrencies and precious metals. House Bill 302 permits investments in cryptocurrencies with a market capitalization exceeding $500 billion, excluding many smaller tokens and memecoins. New Hampshire becomes the first US state to pass such legislation, aiming to establish a strategic Bitcoin reserve. A similar bill in Arizona was vetoed by Governor Katie Hobbs. This development marks a significant step in state-level cryptocurrency investment initiatives.
