ExchangeDEX+

Buy Crypto Markets Spot FuturesGOLD Earn Event Center

New Hampshire officially signed the HB 302 bill, becoming the first state in the United States to pass the "Strategic Bitcoin Reserve" (SBR) legislation. PA Graphics summarizes the latest progress of Bitcoin strategic reserve bills in various states in the United States.New Hampshire officially signed the HB 302 bill, becoming the first state in the United States to pass the "Strategic Bitcoin Reserve" (SBR) legislation. PA Graphics summarizes the latest progress of Bitcoin strategic reserve bills in various states in the United States.

Progress of Bitcoin Strategic Reserve Bills in U.S. States | Continuous Update

Author: PANews

Source: PANews

2025/05/07 22:53

1 min read

New Hampshire Governor Kelly Ayotte signed HB 302, announcing the establishment of a "strategic bitcoin reserve" that allows up to 5% of state fiscal funds to be used to hold precious metals, bitcoin, and other digital assets with a market value of more than $500 billion. The New Hampshire Treasury currently holds about $3.6 billion in funds, which can theoretically be used to purchase up to about $181 million in precious metals or bitcoin.

Although Utah has previously passed a related bill, it deleted key provisions on strategic Bitcoin reserves and only retained content such as digital asset custody and protection. Therefore, strictly speaking, New Hampshire became the first state in the United States to include Bitcoin in its state fiscal reserves.

Progress of Bitcoin Strategic Reserve Bills in U.S. States | Continuous Update

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.