Bitcoin boosters push to make New Hampshire ‘the granite cradle of crypto’
This month New Hampshire became the first state in the country to authorize its treasury to invest in cryptocurrency.
The new law, which supporters are promoting as a “state bitcoin reserve,” is modest: It permits — but does not require — the state treasurer to invest up to 5% of state assets in bitcoin and gold. But it’s just one part of a broader push by State House Republicans to make New Hampshire an attractive place for cryptocurrency investors and developers to set up shop, mine currencies, and settle legal disputes.
“I think New Hampshire has really earned the title of ‘the granite cradle of crypto,’ ” said Free State Project Executive Director Eric Brakey, one of a chorus…
