A New Hampshire House committee passed the Bitcoin Reserve Bill of the United States a 16-1 vote on March 5-made it the latest US state to send a Bitcoin Bill home for a full floor vote.
The House Commerce and Consumer Affairs Committee passing of House Bill 302 is making one of the seven live state of the United States state that made it home, According to in the laws of bitcoin.
If passed, the bill will allow the New Hampshire Treasurer – in their decision – to invest 5% from the general fund, the funding fund of income or any other funds authorized by the legislature.
New Hampshire Update:
The Bitcoin Reserve Bill HB302 passed the House Commerce and Consumer Affairs Committee.
The vote is 16 – 1 pic.twitter.com/7dpzfzxgda
– Bitcoin Laws (@bitcoin_laws) March 6, 2025
While the bitcoin (Btc) is not specifically mentioned in the bill, digital possessions with an average of $ 500 billion market cap in the last year of the calendar deserves to be integrated, meaning Bitcoin is the only digital asset that currently meets this standard.
Any digital asset obtained must be held by a qualified career or in the form of a Product exchanged exchange.
The bill also allows the New Hampshire treasurer to invest in precious metals such as gold, silver and platinum.
The New Hampshire Bill is Republican Keith Ammon introduced On January 10. Ammon 302’s Bill Bill 302 was also sponsored by Democrats Chris McAleer and carried spier.
Source: Dennis Porter
In the March 5th Committee session, Ammon mentioned The bill is amended to remove stablecoins and the potential for staking.
He also added that New Hampshire treasurer Monica Mezzapelle expressed interest in investing in property from the bill, it must be passed.
The bill first suggested that the Treasurer can provide up to 10% of these possession of selected funds before it amended to 5%.
Related: Bitcoin volatility soars in the middle of the US crypto reserve, tariff jitters
New Hampshire joined North Carolina, Oklahoma and Texas, as the states are now awaiting a full vote from their homes, while A UTAH And the two bills in Arizona have passed that stage.
Race to implement a Strategic Bitcoin reserve at the US state level. Source: Bitcoin Laws
State -level regulatory development has arrived while US president Donald Trump announced Crypto strategic reserve On March 2 that will include Bitcoin, Ether (Eth), XRP (XRP), Solana (Sol) and cardano (Ada).
However, it is likely to consist almost “completely by bitcoin,” the chief investment officer of Bitwise Matt Hougan said on March 5.
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