New Hampshire Becomes First State to Approve Crypto Reserve Law
New Hampshire has become the first state to allow the investment of its public funds into crypto assets with its governor signing the new law on Tuesday.
The state beat a number of others 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 its treasurer to set up such a reserve, New Hampshire could very well beat the U.S. 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 up to 5% of public funds in a digital asset that has at least $500…
