The new Hampshire becomes the first country for the authority Bitcoin and the crypto investment

New Hampshire became the first American state to authorize his treasurer to invest public funds in Bitcoin and other digital property, marking a significant milestone for the crypto policy at the state level.

Governor Kelly Ayotte signed a house account 302 to the right, stating in X, “New Hampshire is once again in the nation”, celebrating the move to allow investments in pariptocurrency and noble metals.

The legislation Allows up to 10% of the General Fund of the State and other authorized pools that will be awarded in the conditions accepted, with strict eligibility criteria.

To qualify, digital assets must be transferred to the market of $ 500 billion, making efficient restriction of current eligibility in Bitcoin (Btc).

The draft law includes provisions for safe custody through state management, regulated guardian or products traded.

Cripto guided by States

Law It’s facing support and criticism during their legislative travel. Republican tail. Jordan Uleri praised his potential to create significant returns for the state, while the democratic tail. Terri Spahr warned of risks in financial security.

HB302 passed closely in the house and received strong support in the Voice Senate Board before reaching the Ayotte Governor’s solution. His passage raises new Hampshire as a leader among states investigating digital property integration into government funding strategies.

Movement comes as an interest in Bitcoin growing nation. Country such as Texas and Arizona have been advanced by similar legislation, although none has completed laws that allow crypto investments at the state level.