The Bitcoin Reserve Bill of New Hampshire has adopted the State House, making it the fourth state to promote such legislation through one room.
On April 10, the New Hampshire House voted 192-179 In favor of House Bill 302 after it had released the Huishandel and Consumer Affairs Committee with a 16-1 mood at the beginning of March.
The bill now goes to the Senate, where it is further confronted with further debate before it is possible on the office of Governor Kelly Ayotte lands for definitive approval.
If signed in the law, HB302 would allow the treasurer of the State to allocate up to 10% of the New Hampshire, Revenue Stabilization Fund Fund or another legally approved funds in certain digital assets and precious metals, including gold, silver and platinum.
To be eligible for admission to the reserve, a cryptocurrency must have maintained an average market capitalization of at least $ 500 billion during the previous calendar year, a threshold that is currently only met by Bitcoin.
During the sessie debate, supporters of the account assertions That it could open new roads for generating income and financial diversification. According to the Republican representative Jordan Ulery, the measure presented the “potential for a large amount of money earned by the state” through strategic investments in high -quality assets such as Bitcoin.
State legislators also revise two other blockchain-oriented proposals, HB310, which tackles Stablecoins and Real-World Activa-Tokenization, and HB639, which outlines broader blockchain regulations and mechanisms for dispute resolution.
New Hampshire joins Arizona, Texas and Oklahoma as the fourth state to see a Bitcoin Reserve Bill a room of his legislative power.
According to data from Bitcoin laws, 47 strategic Bitcoin reservations were introduced in 26 states. Two accounts in Arizona are currently leading in terms of regulatory progress.
In related news, on the same day, the House Insurance and the Bank Committee of Florida unanimously has its Bitcoin reserve ticket, HB487, which would authorize the Chief Financial Officer of the State to invest up to 10% of certain public funds.
