New Hampshire governor signs crypto reserve bill into law

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The crypto reserve measure was the archetypal successful the US to beryllium signed into instrumentality by a Republican politician aft Arizona Governor Katie Hobbs vetoed a akin measure connected May 2.

New Hampshire politician  signs crypto reserve measure  into law

Kelly Ayotte, the Governor of New Hampshire, signed a measure into instrumentality allowing the state’s treasurer to put successful cryptocurrencies, including Bitcoin (BTC).

In a May 6 notice, Ayotte announced connected societal media that New Hampshire would beryllium permitted to “invest successful cryptocurrency and precious metals” done a measure passed successful the authorities Senate and House of Representatives. House Bill 302, introduced successful New Hampshire successful January, volition let the state’s treasury to usage funds to put successful cryptocurrencies with a marketplace capitalization of much than $500 billion, eliminating galore tokens and memecoins.

Law, New Hampshire, United States, Bitcoin ReserveSigning New Hampshire’s crypto reserve measure into instrumentality connected May 6. Source: Governor Kelly Ayotte

With the signing of the measure into law, New Hampshire was the archetypal of respective US states considering passing authorities to found a strategical Bitcoin reserve, including an inaugural with the national government. A akin measure successful Arizona passed the state’s House successful April but was vetoed by Governor Katie Hobbs connected May 2.

This is simply a processing story, and further accusation volition beryllium added arsenic it becomes available.

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