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The crypto reserve bill was the first in the US to be signed into law by a Republican governor after Arizona Governor Katie Hobbs vetoed a similar bill on May 2.<\/p>\n
Kelly Ayotte, the Governor of New Hampshire, signed a bill into law allowing the state\u2019s treasurer to invest in cryptocurrencies, including Bitcoin (BTC).<\/p>\n
In a May 6 notice, Ayotte announced<\/a> on social media<\/a> that New Hampshire would be permitted to \u201cinvest in cryptocurrency and precious metals\u201d through a bill passed in the state Senate and House of Representatives. House Bill 302, introduced in New Hampshire in January, will allow the state\u2019s treasury to use funds to invest in cryptocurrencies with a market capitalization of more than $500 billion, eliminating many tokens and memecoins.<\/p>\n With the signing of the bill into law, New Hampshire was the first of several US states considering passing legislation to establish a strategic Bitcoin reserve, including an initiative with the federal government. A similar bill in Arizona passed the state\u2019s House in April but was vetoed by Governor Katie Hobbs on May 2.<\/p>\n Read more<\/p>\n<\/p>\n If you liked the article, do not forget to share it with your friends. Follow us on\u00a0Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n If you want to read more News<\/a> articles, you can visit our General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n\n