New Hampshire’s Bitcoin Bill: A Whimsical Adventure in Digital Gold!

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Oh, gather ’round, dear friends, for a tale of a most peculiar event in the land of New Hampshire! 🎩✨ The House of Representatives, in a nail-biting showdown, has decided to give a hearty thumbs-up to the Bitcoin reserve bill, making it the fourth state to hop on this digital rollercoaster! 🎢

On the fateful day of April 10, the brave souls of the New Hampshire House cast their votes—192 in favor, 179 against! It was a close call, like a cat trying to decide whether to jump onto a windowsill or not! 🐱💨 This bill, known as House Bill 302, had already charmed the House Commerce and Consumer Affairs Committee with a dazzling 16-1 vote back in early March. Talk about a popularity contest!

Now, off it goes to the Senate, where it will face more debates than a group of children arguing over the last cookie in the jar. 🍪 If it makes it past the Senate and lands on the desk of Governor Kelly Ayotte, it could become law! Imagine that! A law that lets the state treasurer sprinkle up to 10% of New Hampshire’s general fund into the magical world of digital assets and shiny metals like gold, silver, and platinum! 💰✨

But wait! There’s a catch! To be included in this treasure trove, a cryptocurrency must have a market cap of at least $500 billion. And guess who’s the only one meeting that lofty standard? You guessed it—Bitcoin! The superstar of the digital realm! 🌟

During the lively debates, supporters of the bill, including the ever-enthusiastic Republican Representative Jordan Ulery, argued that this could be a golden opportunity for the state to rake in some serious cash! “Think of the money we could earn!” he exclaimed, eyes sparkling with dreams of dollar signs! 💵💫

But that’s not all, folks! The clever legislators are also eyeing two other blockchain proposals: HB310, which tackles stablecoins and real-world asset tokenization, and HB639, which aims to create a grand framework for blockchain regulations. It’s like a treasure map leading to a chest full of possibilities! 🗺️💎

With this latest development, New Hampshire joins the ranks of Arizona, Texas, and Oklahoma, all of whom have seen their own Bitcoin reserve bills clear one chamber of their legislatures. It’s a Bitcoin bonanza! 🎉

And in a twist of fate, on the very same day, Florida’s House Insurance and Banking Subcommittee decided to join the fun by advancing its own Bitcoin reserve bill, HB487! They want to let their Chief Financial Officer invest up to 10% of certain public funds. It’s a Bitcoin party, and everyone’s invited! 🎈

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2025-04-11 09:39