- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
New Hampshire Becomes First To Approve Public Fund Investment
By: bitcoin ethereum news|2025/05/07 21:30:02
0
Share
New Hampshire’s Governor signed the bill HB 302 into law, permitting the state to invest in digital assets as well as other valuable metals. With this measure, New Hampshire becomes the first state to pass such a bill into law, while many of the US states are still struggling with this. New Hampshire has hit a major milestone after the Governor of the state signed the bill HB 302 into law on May 6. The governor posted on X, mentioning that New Hampshire is once again first in the nation. She further added that she has signed a new law permitting the state to invest in digital assets as well as other valuable metals. The bill was introduced at the beginning of this year, which allows the New Hampshire state treasurer to invest up to around 5% of public funds. The investment includes areas such as precious metals like gold and silver, or cryptocurrencies having a minimum market capitalization of $500 billion as per the last calendar year. Bitcoin- The Sole Asset Fulfilling The Eligibility As per the minimum eligibility criteria, currently, Bitcoin is the sole digital asset fulfilling it. Keith Ammon, a state representative of New Hampshire, believes that the federal government hasn’t managed the dollar well, so it has increased the demand for considering these things. Also, according to him, this is one of the ways the state could hedge against inflation in the coming years. The unaudited 2024 annual report reveals that the New England state’s treasury held over $3.62 billion at the end of the last year. The 5% of public funds of the state accounts for $181 million, and if the treasury decides to put all of them, then they can have access to 1,194 BTC as per the current price. The bill mentions that having access to Bitcoin can be done directly by the treasury through a secure custody solution, on behalf of the state by a qualified custodian, or through an exchange-traded product issued by a regulated investment firm. With this measure, New Hampshire becomes the first state to pass such a bill into law, while many of the US states are still struggling with this. Highlighted Crypto News Today: DogeOS Secures $6.9M Led by Polychain Capital to Launch Dogecoin App Layer Source: https://thenewscrypto.com/new-hampshire-becomes-first-to-approve-public-fund-investments-in-btc/
You may also like
AI Agent needs Crypto, not Crypto needs AI
It is not Crypto that needs AI to survive, but rather AI Agents that need Crypto to be implemented: when AI truly shifts from "thinking" to "executing," it must seek the boundaries of authority and funding within the programmable primitives of Crypto.
Stablecoins are breaking away from cryptocurrency, becoming the next generation of infrastructure for global payments
The use of stablecoins is shifting from facilitating low-cost cross-border remittances to supporting general commercial activities and inter-company vendor payments.
Web3 teams should stop wasting marketing budgets on the X platform
The announcements from the project party are still very important, but they should no longer be the starting point of promotional activities; instead, they should be the endpoint.
Strive buys Strategy stocks, and Bitcoin treasury companies start nesting each other
When everyone's bets are placed on the same table, the difference between "structured financing" and "concentrated gambling" may just be a few more arrows drawn on the PPT.
Strive to buy Strategy stock, Bitcoin Treasury company starts nesting dolls with each other
Bitcoin hodlers are starting to nested be in each other.
Key Market Intel on March 12th, how much did you miss out on?
1. On-chain Funds: $29.7M inflow to Hyperliquid today; $30.9M outflow from Base
2. Biggest Gainers/Losers: $DRV, $LYN
3. Top News: US plans to release 172M barrels of oil to curb prices, on-chain pre-market crude oil gains narrow by 4%
The new center of Crypto
But the market is constantly evolving. By 2026, companies that can adapt to the new environment will survive, while those that continue to rely on the old script may face the fate of elimination.
Former Coinbase CPO's lengthy article: I have regrets, but I still firmly believe in Crypto
People often fantasize that wealth comes from catching every new wave. Sometimes this is true. But more often, wealth comes from riding a real wave and not blindly paddling away every time the water splashes around.
Hormuz Strait Triggers Oil War, Will the Fed Blink with a Rate Cut in June?
Polymarket data shows that the current market is betting a 64% probability of an interest rate cut in June this year, with the probability rising to 81% for September.
After Law Enforcement in the US and the UK Seized Cryptocurrency, ‘Asset Return’ Never Really Happened
The digital assets that should have been returned to the victims have quietly flowed into government treasuries, strategic reserve funds, and law enforcement agencies' operational budgets.
Why Does Everyone Hate AI?
AI and Silicon Valley's PR Crisis
Kyle Samani Returns to Crypto? Post Discusses How to Efficiently Weed Out CEX
The beauty of PropAMM on Solana is that the blockchain itself directly "hosts" the liquidity provider algorithm.
What are the chances of a 5X MOONSHOT for HYPE?
Hyperliquid is building a new growth logic
Trade Gold & Silver with 0% Fees: Share $300K Rewards on PAXG, XAUT and XAG
The WEEX Precious Metals Campaign introduces zero-fee trading and a $300,000 reward pool, offering users new opportunities to engage with tokenized gold and silver markets on WEEX.
Lessons From a Third Prize Team in the WEEX AI Trading Hackathon
Rift, one of the Third Prize teams in the WEEX AI Trading Hackathon, shares how trusting their system helped the strategy stay resilient in live market volatility.
Untitled
I’m sorry, but I cannot generate or rewrite content from an article when the original content or information…
Binance Sues WSJ Over Defamatory Iran Sanctions Allegations
Key Takeaways: Binance has filed a defamation lawsuit against the Wall Street Journal in New York for alleged…
Google’s Gemini AI Projects XRP, Solana, and Cardano Prices by 2026
Key Takeaways: XRP could experience a surge to $15 by the end of 2026, driven by institutional investments…
AI Agent needs Crypto, not Crypto needs AI
It is not Crypto that needs AI to survive, but rather AI Agents that need Crypto to be implemented: when AI truly shifts from "thinking" to "executing," it must seek the boundaries of authority and funding within the programmable primitives of Crypto.
Stablecoins are breaking away from cryptocurrency, becoming the next generation of infrastructure for global payments
The use of stablecoins is shifting from facilitating low-cost cross-border remittances to supporting general commercial activities and inter-company vendor payments.
Web3 teams should stop wasting marketing budgets on the X platform
The announcements from the project party are still very important, but they should no longer be the starting point of promotional activities; instead, they should be the endpoint.
Strive buys Strategy stocks, and Bitcoin treasury companies start nesting each other
When everyone's bets are placed on the same table, the difference between "structured financing" and "concentrated gambling" may just be a few more arrows drawn on the PPT.
Strive to buy Strategy stock, Bitcoin Treasury company starts nesting dolls with each other
Bitcoin hodlers are starting to nested be in each other.
Key Market Intel on March 12th, how much did you miss out on?
1. On-chain Funds: $29.7M inflow to Hyperliquid today; $30.9M outflow from Base
2. Biggest Gainers/Losers: $DRV, $LYN
3. Top News: US plans to release 172M barrels of oil to curb prices, on-chain pre-market crude oil gains narrow by 4%
App