New Hampshire approves the law on the Strategic Bitcoin Reserve
By: bitcoin ethereum news|2025/05/07 20:45:01
0
Share
New Hampshire made history by becoming the first American state to approve a law on the Strategic Bitcoin Reserve , a measure that officially authorizes the state Treasurer to invest in Bitcoin and other digital assets as part of the public financial reserves. New Hampshire introduces an innovative regulatory framework for state reserves in Bitcoin The law HB 302, signed by Governor Kelly Ayotte , establishes an advanced policy framework inspired by the model proposed by Satoshi Action , an organization that promotes the adoption of Bitcoin in public finances. This legislation, which will come into effect 60 days after formal approval, sets the stage for New Hampshire to begin accumulating Bitcoin and digital assets in its reserve fund. The bill allows the State Treasurer to purchase Bitcoin and other digital assets, with an essential condition: the assets must have a market capitalization exceeding 500 billion dollars . As of today, only Bitcoin meets this requirement, making it the only eligible digital asset. Furthermore, the regulations set a maximum limit of 5% of the total state reserves for investments in Bitcoin, thus ensuring that this cryptocurrency serves as a complement and not a dominant component of the state’s financial strategy. This reduced allocation allows for diversification of the state portfolio, protecting taxpayers from excessive and volatile exposures, while embracing innovation related to digital assets. Maximum security and transparency for digital reserves One of the most significant aspects of the new law concerns the custody of digital assets . The regulation requires that any Bitcoin or digital asset held by the treasurer be maintained in regulated custody in the United States . This is done through a multisig (multi-signature) wallet system directly controlled by the state, or through qualified custodians or products traded exclusively on U.S. exchanges. This measure aims to ensure maximum security , long-term stability , transparency, and responsible fiscal management, fundamental aspects when discussing public funds and taxpayer protection. The scope of the initiative: a model for the United States Dennis Porter, CEO and co-founder of Satoshi Action, described this law as a true milestone: “Satoshi Action wrote the model, New Hampshire engraved it into law, and now every treasurer nationwide can follow that roadmap. The HB 302 bill demonstrates how it is possible to protect taxpayers’ money, diversify reserves, and prepare the future of public finances by embracing the world’s most secure monetary network. New Hampshire didn’t just pass a law; it started a movement.” This recognition underscores the strategic importance for the entire country: New Hampshire charts a concrete path for the adoption of Bitcoin in public finances, demonstrating how local governments can integrate digital assets in a secure and regulated manner. “`html The protagonists of the law “` Among the key supporters of this regulation stand out: The deputy Keith Ammon (R-Hillsborough 40), a well-known promoter of Bitcoin among legislators. The Leader della Maggioranza Jason Osborne , who played a crucial role in promoting the bill. Ian Huyett , member of the New Hampshire Blockchain Council, who led the lobbying and mobilization of local support. This bipartisan coalition highlights how the interest in cryptocurrencies can unite different factions around an innovative vision for the future of public finances. Satoshi Action: promoters of a new digital policy The non-profit organization Satoshi Action played a decisive role in shaping and promoting this revolutionary law. With a significant track record, the association contributed to the approval of over six bull laws favorable to Bitcoin in various state jurisdictions and has presented more than twenty similar bear bill proposals across the country. Satoshi Action supports bipartisan policies that favor financial innovation , public finance resilience , and the integration of digital assets at the governmental level, with a focus on the long term. The potential impact of the law on the Strategic Bitcoin Reserve approved in New Hampshire This law places New Hampshire in the role of a pioneer of a new trend in the United States. The measure could indeed trigger a wave of Bitcoin adoption in state finances , encouraging other local governments to evaluate the benefits of a similar strategy. The initiative, in fact, promises several advantages: Innovazione finanziaria : integrare Bitcoin significa adottare una tecnologia pionieristica nel campo monetario. Diversification of public reserves : reduce dependence on traditional assets. Financial resilience : leverage the intrinsic security of the Bitcoin network to protect the state’s savings. Long-term strategic planning : prepare public finances for future economic challenges. The enthusiasm around this law demonstrates that public finance can evolve sustainably even by embracing digital assets. New Hampshire has taken a historic step in the world of public finance by approving the first law on investments in Bitcoin and digital assets. This decision opens important prospects for the management of state funds, demonstrating how it is possible to combine security and innovation. Other states might soon follow this example, initiating a true movement towards a new digital economy at the governmental level. It is therefore time for governments and citizens to reflect on the role of digital assets in public financial strategies , considering the benefits, risks, and opportunities of an evolving economic world. Source: https://en.cryptonomist.ch/2025/05/07/new-hampshire-the-first-us-state-to-approve-the-law-on-the-strategic-bitcoin-reserve/
You may also like

From Human Application to Intelligent Collaboration: How GOAT Network Builds the Next Generation Digital Economy
Embracing the Era of Super Individuals: GOAT Network launches Bitcoin-secured Layer 2 exclusive infrastructure, fully empowering AI entities to usher in a new era of fully automated digital economy.

CZ Washington Dialogue: Crypto Entrepreneurs are Accelerating Their Return to the United States
CZ connects with the DC Blockchain Summit: The prison memoir is about to be published, harshly criticizing the inaccuracies of traditional media reports, and pointing out that if the U.S. wants to become the "global crypto capital," it urgently needs to introduce more sufficient market competition t...

Morning Report | Strategy increased its holdings by 1,031 bitcoins last week; Katana Blockchain acquires IDEX; NYSE completes rule change to eliminate trading limits on crypto ETF options
Overview of Important Market Events on March 23

Electric Capital: Tracking 501 types of yield-generating RWA assets, we discovered these patterns
From private credit to GPU leasing, from catastrophe bonds to music royalties, the range of tokenizable assets is much richer than the market perceives. However, the biggest challenge is not technology, but distribution—existing RWAs heavily rely on a few large deployers, and the concentration of ri...

Those who are cut off by AI will not disappear; they will become the creators of the next round of the economy
AI is not eliminating people, but rather the superstition of "stable careers": those who break the shackles of organizations and understand how to rewrite themselves are ushering in the ultimate revenge.

Stablecoins reshaping cross-border payments in Asia? Strategic panorama and investment opportunity analysis
With the popularity of local payment channels, the costs of traditional transfers have been significantly reduced, and the fees are now mainly concentrated in the domestic settlement phase, which is precisely what stablecoins cannot bypass.

Zuckerberg is building an AI agent to help him as CEO
Zuckerberg is reported to be personally developing a "CEO proxy" to accelerate information acquisition and reduce management layers.

Bloomberg: Swiss Private Bank Old Guard Rifts, Is Bitcoin the Spark?
For Marc Syz, this is both a bet on the digital asset track and a complete break from Switzerland's long-established private banking dynasty.

Zuckerberg is building an AI assistant to help him be CEO
Mark Zuckerberg has been reportedly personally developing a "CEO Proxy" to speed up information flow and reduce management layers.

Join WEEX AI Wars II: How WEEX API, Trader Skills Empower AI Trading Innovations
Join WEEX AI Wars II and be part of a global AI trading revolution. Compete with top AI agents and bots, showcase your strategies, and leverage WEEX API and Trader Skill to innovate, automate, and gain exposure in the AI trading ecosystem. Onboard your AI agent to WEEX AI Wars II NOW.

What kind of scenario will Backpack's TGE today play out in the bear market opening?
Currently, the Polymarket market gives an 87% probability to the event of its fully diluted valuation surpassing $200 million on the day after its launch.

Polymarket Ten Million Dollar Winner Retrospective: 40 Addresses, 100,000 Transactions, Only Three Ways to Make Money
The difference between the three is not in the parameters, but in playing entirely different games.

The Most Brutal Single-Month Plunge in 43 Years, Gold's Every Top Looks Like This
In the first three peaks, the central bank was not a net buyer of gold

Jiang Xueqin's Latest Interview Transcript: How to View the Current Global Changes
Iran's Next Move, Trump's War Plan, and Israel's Plot to Sabotage It

Maximize Your USDT Yield: The Weex Auto Earn Strategy for Passive Crypto Income
Learn how to earn interest on USDT with WEEX Auto Earn. Discover how stablecoins can generate passive income and why some platforms now offer up to 300% APR.

1 million investment yields over 1 billion return, Airwallex co-founder Liu Yueting reviews key life investments
At 25, all in with millions of dollars, at 34 worth 3 billion, Lucy Liu, co-founder of Airwallex, shares her ten-year wealth creation logic: betting on the right track, building a deep moat with licenses, and fully embracing AI intelligent finance by 2026.

Polymarket Millionaire Review: 40 addresses, 100,000 transactions, only three ways to make money
The differences between the three categories are not due to different parameters, but rather because they are playing completely different games.

Four Key Truths and Cost Traps Behind Polymarket LP Market Making Incentives
The potion left in the witch's hand is still poison; let's wait for Polymarket's major announcement tomorrow.
From Human Application to Intelligent Collaboration: How GOAT Network Builds the Next Generation Digital Economy
Embracing the Era of Super Individuals: GOAT Network launches Bitcoin-secured Layer 2 exclusive infrastructure, fully empowering AI entities to usher in a new era of fully automated digital economy.
CZ Washington Dialogue: Crypto Entrepreneurs are Accelerating Their Return to the United States
CZ connects with the DC Blockchain Summit: The prison memoir is about to be published, harshly criticizing the inaccuracies of traditional media reports, and pointing out that if the U.S. wants to become the "global crypto capital," it urgently needs to introduce more sufficient market competition t...
Morning Report | Strategy increased its holdings by 1,031 bitcoins last week; Katana Blockchain acquires IDEX; NYSE completes rule change to eliminate trading limits on crypto ETF options
Overview of Important Market Events on March 23
Electric Capital: Tracking 501 types of yield-generating RWA assets, we discovered these patterns
From private credit to GPU leasing, from catastrophe bonds to music royalties, the range of tokenizable assets is much richer than the market perceives. However, the biggest challenge is not technology, but distribution—existing RWAs heavily rely on a few large deployers, and the concentration of ri...
Those who are cut off by AI will not disappear; they will become the creators of the next round of the economy
AI is not eliminating people, but rather the superstition of "stable careers": those who break the shackles of organizations and understand how to rewrite themselves are ushering in the ultimate revenge.
Stablecoins reshaping cross-border payments in Asia? Strategic panorama and investment opportunity analysis
With the popularity of local payment channels, the costs of traditional transfers have been significantly reduced, and the fees are now mainly concentrated in the domestic settlement phase, which is precisely what stablecoins cannot bypass.
