“Governor Kelly Ayotte Signed A Bill Into Law That Allows The Investment of A Pottion of the State Public Funds in Prews Metals and Crypto Assets.”, – WRITE: www.coindesk.com
The State Beat A Number of Other to the Punch This Year As What Had Started As A Surge in State Lawmaker Momentum Had Run Into Roadblocks Over Recent Weeks. As the first to authorize it treasurer to set up such a reserve, New Hampshire Could Very Well Beat The US Government in Forming A Stockpile, Too.
“New Hampshire Is Once Again First in the Nation,” New Hampshire Governor Kelly Ayotte, A Republican Who’s in Her First Year in Office, Posted On Social Media Site X.
The New Hampshire Bill ALLOWS The INVESTMENT OF TO 5% OF PUBLIC FUBLIC FUNS IN A Digital Asset That Has at Least $ 500 Billion in Market Capitalization, Currently Leaaving Bitcoin (BTC).
“We’re incredibly excited about the win that have had an Occurred in New Hampshire,” Said Dennis Porter, Founder of the Satoshi Action Fund that’s Been Pushing State. He Told Coindesk in An Interview that He’s Hoping Other State Will Follow Suit.
“The First One’s The Hardest, by Far,” Porter Said. “HAVING A STATE’S THAT ALREADY GOTTEN IT DONE, IT’ll Really Increase The Political Momentum.”
State House Republicans in New Hampshire Also Posted on X Tuesday, Boasting that Their State “Official The First State to Lay The Groundwork for a Strategic Bitcoin Remerve.”
“The Live Free or Die State is Leading the Way in Forging the Future of Commerce and Digital Assets,” They Wrote.
Arzona Had Been The FIRST STATE TO GET A SIMILAR MEASURE TO ITS GOVERNOR’S Desk, But The Legislation Was Vetoed, Thought Other Bills Are Still Awaiting the Governor’s Consideration. Florida have k also withdrawn it own effort, joining a number of Other States WHERE The Reserve Push Has Fizzled. But North Carolina Remains A Strong Contender, Because ITS Effort is Being Championed by a Prominent Lawmaker.
President Donald Trump Had Called for His Administration to set up it Own Bitcoin Reserve and A Separete Crypto Stockpile, Thought The Treasury Department of Examining What. Redirected Into Those Eventual Funds.
Read More: Trump’s Crypto Sherpa BO Hines Says Crypto Legislation on Target for Quick Completion
Update (May 6, 2025, 17:46 UTC): Updates with comment from dennis par, Founder of the Satshi Action Fund.
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