![\"New](\"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/hi-can-bitcoin-replace-bonds-in-institutional-portfolios.png\")
<\/p>\n<\/p>\n
State representative Keith Ammon said the New Hampshire executive council’s vote against Bitcoin-backed bonds was \u201cshort-sighted,\u201d urging the body to reconsider the measure.<\/p>\n
Policymakers in New Hampshire\u2019s executive council voted against a proposal that would have allowed the state to issue $100 million in bonds backed by Bitcoin (BTC).<\/p>\n
At a Wednesday hearing, the five-member panel voted 3-2 against the New Hampshire Business Finance Authority\u2019s (BFA) proposed issuance of $100 million in BTC-backed bonds. The proposed investments, which the authority app<\/a>roved in November 2025, already had support from Governor Kelly Ayotte.<\/p>\n \u201cIt was an extremely short-sighted decision,\u201d said<\/a> state representative Keith Ammon in a Thursday X post after the vote. \u201cI can’t believe I witnessed it in person. They should gather all relevant facts and information and reconsider their vote at a future meeting.\u201d<\/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