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New Hampshire Bitcoin bill passes House committee by overwhelming margins
2025-03-06 04:12:18

Odaily News The New Hampshire House Commerce Committee passed the Bitcoin Reserve Act (HB302) by a vote of 16 to 1, and the bill will now enter the full House vote. If it is finally passed, the state treasurer will be authorized to invest 5% of the state fund in digital assets. In fact, only Bitcoin currently meets the $500 billion market value standard stipulated in the bill.
The bill was proposed by Republican Congressman Keith Ammon and supported by two Democratic congressmen. After being amended, the stablecoin and pledge options were removed, and the investment limit was reduced from the original 10% to 5%. The state treasurer has said that if the bill is passed, the investment will be considered.
This development coincides with President Trump's announcement of a national crypto strategic reserve, which experts predict may be composed mainly of Bitcoin. Currently, many states including North Carolina and Texas are also promoting similar bills, and the trend of US state-level Bitcoin legislation is accelerating.