Republican Representative Keith Ammon has introduced a legislative initiative to utilize Bitcoin as a reserve asset for New Hampshire's treasury.
Bill Proposal
Keith Ammon proposed a bill to establish a strategic Bitcoin reserve for New Hampshire, enabling the treasury to hold BTC alongside traditional assets like gold, silver, and platinum.
State Competition
If passed, New Hampshire could become a leader among states pushing for state-controlled Bitcoin reserves. However, it faces competition from other states considering similar measures.
Trends and International Perspectives
The concept of Bitcoin reserves in the U.S. is gaining momentum. States like Texas and Ohio, as well as countries such as Brazil and Poland, are exploring the possibility of incorporating Bitcoin into their national treasuries.
The proposed bills on using Bitcoin as a reserve asset reflect a growing interest in cryptocurrency at both the national and international levels.
