Editor's PiCK
New Hampshire Becomes First in the US to Pass 'Bitcoin (BTC) Reserve Asset Law'
JH Kim
Summary
- New Hampshire has been reported as the first US state to sign the digital asset investment bill, a Bitcoin reserve bill.
- The bill allows the state government to invest some funds, including the general fund and revenue stabilization fund, in digital assets.
- The investment authority is given to the state treasurer.
According to virtual asset (cryptocurrency) specialized media Watcher Guru on the 6th (local time), the governor of New Hampshire, USA, has signed the digital asset investment bill (HB302), a Bitcoin (BTC) reserve bill.
This is the first time a Bitcoin reserve asset introduction bill has been finally passed in the United States. The bill allows the state government to invest part of the general fund and revenue stabilization fund in digital assets. The investment authority is given to the state treasurer.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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