New Hampshire has formally handed laws authorizing the state treasurer to allocate funds into Bitcoin.
On Might sixth, Governor Kelly Ayotte shared on social media that the state is now permitted to “spend money on cryptocurrency and valuable metals” following the approval of Home Invoice 302 by each chambers of the legislature.
New Hampshire is as soon as once more First within the Nation! 🎉
Simply signed a brand new legislation permitting our state to spend money on cryptocurrency and valuable metals. pic.twitter.com/ua9bawZKbM
— Governor Kelly Ayotte (@KellyAyotte) Might 6, 2025
The invoice, initially launched in January, restricts investments to cryptocurrencies with market caps exceeding $500 billion — successfully excluding smaller tokens and memecoins.
With this transfer, New Hampshire turned the primary amongst a number of U.S. states exploring legal guidelines to create a strategic Bitcoin reserve, a development that has additionally sparked discussions on the federal stage.
In distinction, an identical legislative effort in Arizona, although handed by the state’s Home in April, was blocked by Governor Katie Hobbs with a veto on Might 2nd.
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