The post New Hampshire Bitcoin Law: Landmark Approval for State Crypto Investment appeared on BitcoinEthereumNews.com.

A significant development has just unfolded in the United United States, marking a potential turning point for government adoption of digital assets. According to a report by Watcher Guru, New Hampshire’s governor has officially signed into law a bill that permits the state to invest portions of its general fund and revenue stabilization fund directly into Bitcoin and other digital assets. This move positions New Hampshire at the forefront of US State Crypto adoption, making it the first state to finalize legislation introducing Bitcoin as a reserve asset at the state level. What Does the New Hampshire Bitcoin Law Actually Do? At its core, the newly signed legislation grants the New Hampshire state treasurer the explicit authority to manage investments in digital assets. This isn’t just a theoretical possibility; the law specifically allows for the allocation of funds from two key state accounts: the general fund and the revenue stabilization fund. These funds are crucial for the state’s financial health, covering everything from daily operations to preparing for economic downturns. Here’s a breakdown of the key aspects of this law: Investment Authority: The state treasurer is empowered to invest in Bitcoin and other digital assets. Eligible Funds: Investments can be made using money from the state’s general fund and revenue stabilization fund. Asset Class Expansion: This adds digital assets to the list of approved investment vehicles for state funds, which traditionally include things like bonds, stocks, and other conventional assets. Oversight: While the treasurer has the authority, the management and specific strategies would likely be subject to established state investment protocols and potentially further guidelines. This is a departure from the norm. While some municipalities or public pension funds might have explored indirect exposure or specific blockchain technologies, this is the first instance of a US state directly authorizing investment…

---

Filed under: News - @ May 7, 2025 3:28 am