New Hampshire Bitcoin reserves the Bill of the House of Representatives in voting on the ground collapse

New Hampshire has become the latest US state to pushing a bitcoin reserve bill, as it joined the increasing trend of integrating digital assets into government finances.

On Wednesday, the Trade and Consumer Affairs Committee of the State Council passed Home Law Bill 302 By 16-1 resounding vote.

The draft law, which will allow the Fund Secretary of the State to allocate up to 5 % of public funds in Bitcoin, along with precious metals such as gold, silver and platinum, is now transferred to the home of the house for consideration.

On the national theater, President Donald Trump threw his weight behind the bitcoin reserve movement. On Sunday, he announced his plan to create a US encryption reserve With Bitcoin and Ethereum “in the heart” of it.

foot Written by Republican Keith Ammon, with joint sponsorship of Democrats Chris McCleler and Carrand Spier, HB 302 is not clearly called Bitcoin but notes how digital market assets with a value will be at least 500 billion dollars qualified.

Looking at the current market value of Bitcoin of $ 1.8 trillion, according to Coingecko DataThis is the only origin that qualifies under these standards.

“We are linked to the US dollar, whether we like it or not, but this will allow us to invest the state a small part in the category of new assets that are not associated with this.” Decipher In January.

The New Hampshire move follows a wider direction of bitcoin background legislation in states such as Utah, Texas, Arizona and Akloumaoma, where similar bills have gained momentum.

Utah Progress Through the Blockchain and Digital innovation bill, which suggests up to 5 % of the country’s funds that will be allocated to digital assets, with Bitcoin as a basic filter, as it follows similar criteria such as New Hampshire.

Texas advances Investment 1 % of public revenue funds and the other Interaction Bitcoin donations and payments.

Government Supervision Committee in Oklahoma Pass HB 1203, Bitcoin Strategic Reserve Law, 12-2 voting. Meanwhile, Arizona has already developed the Bitcoin Reserve bill, SB 1025, through the Senate Finance Committee.

However, Not all countries are on board.

South Dakotafor Montanafor Pennsylvaniafor Northern DakotaAnd Wyoming They rejected similar proposals due to concerns about bitcoin fluctuations and their suitability as a year.

Edit Sebastian Senkler