{"id":25447,"date":"2025-05-06T17:31:58","date_gmt":"2025-05-06T17:31:58","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=25447"},"modified":"2025-05-06T17:31:58","modified_gmt":"2025-05-06T17:31:58","slug":"new-hampshire-becomes-first-state-to-approve-crypto-reserve-law","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=25447","title":{"rendered":"New Hampshire Becomes First State to Approve Crypto Reserve Law"},"content":{"rendered":"<div>\n<p>New Hampshire has become the first state to allow the investment of its public funds into crypto assets with its governor signing the new law on Tuesday.<\/p>\n<p>The state beat a number of others to the punch this year as what had started as a surge in state lawmaker momentum had run into roadblocks over recent weeks. As the first to authorize its treasurer to set up such a reserve, New Hampshire could very well beat the U.S. government in forming a stockpile, too.<\/p>\n<p>&#8220;New Hampshire is once again first in the Nation,&#8221; New Hampshire Governor Kelly Ayotte, a Republican who&#8217;s in her first year in office, <a href=\"https:\/\/x.com\/KellyAyotte\/status\/1919783147463426283\">posted on social media site X<\/a>.<\/p>\n<p>The <a href=\"https:\/\/gc.nh.gov\/bill_status\/legacy\/bs2016\/billText.aspx?sy=2025&amp;v=SP&amp;id=707\">New Hampshire bill<\/a> allows the investment of up to 5% of public funds in a digital asset that has at least $500 billion in market capitalization, currently leaving bitcoin (<a href=\"https:\/\/www.coindesk.com\/price\/bitcoin\">BTC<\/a>) as the only qualifying asset.<\/p>\n<p>State House Republicans there <a href=\"https:\/\/x.com\/NHHouseGOP\">also posted on X<\/a> Tuesday, boasting that their state is &#8220;OFFICIALLY the first state to lay the groundwork for a strategic bitcoin reserve.&#8221;<\/p>\n<p>&#8220;The Live Free or Die state is leading the way in forging the future of commerce and digital assets,&#8221; they wrote.<\/p>\n<p>Though Arizona had been the first state to get a similar measure to its governor&#8217;s desk, that legislation was <a href=\"https:\/\/www.coindesk.com\/policy\/2025\/05\/03\/arizona-governor-calls-crypto-an-untested-investment-vetoes-bitcoin-reserve-bill\">vetoed<\/a>. Florida has also <a href=\"https:\/\/www.coindesk.com\/policy\/2025\/05\/06\/florida-withdraws-strategic-bitcoin-reserve-bills-from-consideration\">withdrawn its own effort<\/a>, joining <a href=\"https:\/\/www.coindesk.com\/policy\/2025\/02\/27\/utah-one-vote-away-but-some-states-fail-to-break-through-on-crypto-stakes\">a number of other states<\/a> where the reserve push has fizzled.<\/p>\n<p>President Donald Trump had called for his administration to set up its own bitcoin reserve and a separate crypto stockpile, though the Treasury Department is still examining what the federal government has on hand that can be redirected into those eventual funds.<\/p>\n<p><strong><em>Read More: <a href=\"https:\/\/www.coindesk.com\/consensus-toronto-2025-coverage\/2025\/04\/30\/trumps-crypto-sherpa-bo-hines-says-crypto-legislation-on-target-for-quick-completion\">Trump&#8217;s Crypto Sherpa Bo Hines Says Crypto Legislation on Target for Quick Completion<\/a><\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>New Hampshire has become the first state to allow the investment of its public funds into crypto assets with its governor signing the new law on Tuesday. The state beat a number of others to the punch this year as what had started as a surge in state lawmaker momentum had run into roadblocks over [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-25447","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25447","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25447"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25447\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25447"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25447"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}