New Hampshire\u2019s Bitcoin bill will now be voted on in the House after its House commerce committee voted in favor of the bill in a 16-1 vote. <\/p>\n
<\/span> 13474 <\/span> Total views <\/span><\/p>\n 8 <\/span> Total shares <\/span><\/p>\n<\/div>\n A New Hampshire House committee passed the US state\u2019s Bitcoin reserve bill in a 16-1 vote on March 5 \u2014 making it the latest US state to send a Bitcoin bill to the House for a full floor vote.<\/p>\n The House Commerce and Consumer Affairs Committee\u2019s passing<\/a> of House Bill 302 makes it one of seven live US state bills to have made it to the House, according<\/a> to Bitcoin Laws.<\/p>\n If passed, the bill would allow New Hampshire\u2019s treasurer \u2014 at their discretion \u2014 to invest 5% from the general fund, the revenue stabilization fund or any other funds authorized by the legislature.\u00a0<\/p>\n NEW HAMPSHIRE Update:<\/p>\n Bitcoin Reserve Bill HB302 has passed the House Commerce and Consumer Affairs Committee.<\/p>\n The vote was 16 – 1 pic.twitter.com\/7DpzFzxgda<\/a><\/p>\n<\/div>\n \u2014 Bitcoin Laws (@Bitcoin_Laws) March 6, 2025<\/a><\/p><\/blockquote>\n While Bitcoin (BTC<\/a>) isn\u2019t specifically mentioned in the bill, only digital assets that have averaged a $500 billion market cap over the last calendar year are eligible for inclusion, meaning Bitcoin is the only digital asset that currently meets this criteria.<\/p>\n Any digital asset acquired must be held by a qualified custodian or in the form of an exchange-traded product.<\/a><\/p>\n The bill would also authorize New Hampshire\u2019s treasurer to invest in precious metals like gold, silver and platinum.<\/p>\n The New Hampshire bill was introduced by Republican Keith Ammon<\/a> on Jan. 10. Ammon\u2019s House Bill 302 was also co-sponsored by Democrats Chris McAleer and Carry Spier.<\/p>\n Source: <\/em>Dennis Porter<\/em><\/a><\/p>\n<\/figcaption><\/figure>\n In the March 5 House committee session, Ammon noted<\/a> the bill was amended to remove stablecoins and the potential for staking.\u00a0<\/p>\n He also added that New Hampshire\u2019s Treasurer Monica Mezzapelle has expressed an interest in investing in assets from the bill at some point, should it be passed.<\/p>\n The bill initially proposed that the treasurer could allocate up to 10% of these assets into the selected funds before it was amended to 5%.<\/p>\n Related:<\/strong><\/em> Bitcoin volatility soars amid US crypto reserve, tariff jitters<\/strong><\/em><\/a><\/p>\n New Hampshire joins North Carolina, Oklahoma and Texas, as the states are now awaiting a full vote from their respective houses, while one Utah<\/a> and two Arizona bills have already passed that stage.<\/p>\n Race to implement a strategic Bitcoin reserve at the US state level. Source: <\/em>Bitcoin Laws<\/em><\/a><\/p>\n<\/figcaption><\/figure>\n Regulatory progress at the state level comes as US President Donald Trump announced a Crypto Strategic Reserve<\/a> on March 2 that would include Bitcoin, Ether (ETH<\/a>), XRP (XRP<\/a>), Solana (SOL<\/a>) and Cardano (ADA<\/a>).<\/p>\n However, it would likely be made up almost \u201centirely of Bitcoin,\u201d Bitwise\u2019s chief investment officer Matt Hougan said<\/a> on March 5.<\/p>\n Magazine: <\/strong><\/em>Meet lawyer Max Burwick \u2014 \u2018The ambulance chaser of crypto\u2019<\/strong><\/em><\/a><\/p>\n<\/picture><\/div>\n
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