New Hampshire, First in United States to pass 'Bitcoin reserve asset law'...official investment path opened for state government

New Hampshire has become the first in the nation to pass legislation recognizing Bitcoin as an official reserve asset. According to Watcher Guru, the governor of New Hampshire signed the 'Digital Asset Investment Bill (HB302)', officially enacting the legislation. This is the first time a Bitcoin reserve asset introduction bill has been fully passed within the United States.

This bill allows the state government to invest a portion of general funds and revenue stabilization funds in digital assets, with the authority of the investment decisions granted to the New Hampshire State Treasurer. A legal basis has been established to recognize and operate digital assets, including Bitcoin, as part of public funds.

The cryptocurrency industry has hailed this decision as a milestone symbolizing the integration of crypto assets into the institutional framework and is hopeful about the potential for its spread to other state governments in the future.