State bitcoin. While President Trump signed a Executive decree to create a Bitcoin strategic reserve In the United States, the federated states also continue to work on their own reserve projects and it is today the New Hampshire that interests us. The House of Representatives has just passed in favor of the HB302 bill which provides for the creation of a reserve of 5 % of the public funds of the State in precious metals or digital active ingredients. Direction Concord, the capital of New Hampshire, to take stock of this file.
The key points of this article:The New Hampshire voted in favor of the creation of a Bitcoin State reserve, an ambitious bill which aroused great interest. The proposal would allow the State to invest up to 5 % of its public funds in digital assets, with Bitcoin at the top of the list, marking a strategic and potentially historic turning point in its financial management.
The House of Representatives of New Hampshire says yes …
The New Hampshire is a small state from the northeast of UNITED STATES which has just over 1.3 million inhabitants and which is known for its magnificent natural landscapes and for its ski resorts. But today is for his policy that we will be interested in it and more particularly for the vote of his House of Representatives who approved the bill HB302 which aims to create a State reserve in Bitcoin. With 192 votes for and 179 against, the text was adopted And it will now be transmitted to the Senate which will in turn have to decide. If the bill is definitively adopted, it will allow the State's cash to invest until 5 % of public funds in digital assets or in precious metals such as gold or silver.
A new US state is advancing on the Bitcoins reserve project – Source: account x
… To the creation of a Bitcoin State reserve
According to the latest figures available, the cash flow New Hampshire has around $ 3.6 billion in public funds, which means that the state could invest until $ 181 million in digital assets or in precious metals. As for cryptocurrencies, the text talks about those whose market capitalization is greater than $ 500 billionwhich does not leave much choice! In fact, there is even only one possible choice and it is obviously Bitcoin. The deputy Keith Ammon who is at the origin of this bill said that he wanted to diversify the State investments so as not to be too dependent on dollar American:
«Whether we wanted it or not, we are linked to the US dollar, but that would allow us to invest a small part of the state funds in this new class of unrealed assets. »»
Keith Ammon, Republican MP for New Hapshire – Source: Decrypt
New Hampshire joins the list – which lies down every week – states that are advancing on their bitcoin reserve commen l'Alabama your Minnesota. At the federal level too, things are changing in the right direction, Even if it necessarily takes more time.