New Hampshire’s push to incorporate Bitcoin and precious metals into its investment portfolio gained momentum this week, as the Senate approved a measure allowing for their potential inclusion in state funds. House Bill 302 cleared its second Senate panel with a 4-1 vote, moving it closer to final approval by the full legislature. This follows the bill’s successful passage through the House Commerce and Consumer Affairs Committee (16-1) and a close victory in the full House on April 10th, 192-179 votes in favor. With only the Senate’s final nod needed to make it official, HB 302 now stands poised for significant progress towards incorporating these assets into the state’s investment strategy. The bill outlines three options for holding the allocated precious metals and digital assets: direct ownership, partnering with a trusted custodian, or investing through exchange-traded products. The proposal has sparked debate among lawmakers, with some arguing its necessity while others express concern about potential long-term security risks. Meanwhile, Democratic Representative Terry Spahr criticizes the bill as unnecessary and potentially risky for long-term stability, while Republican Representative Jordan Ulery envisions it could generate substantial revenue for the state through these investments. New Hampshire’s HB 302 is a significant step in exploring crypto policy at a state level, following a growing trend of other U.S. states pursuing similar initiatives. In Arizona and Texas, HB 302 would mark only the third measure to clear an entire legislative chamber. With the national focus on digital asset adoption, New Hampshire’s progress with HB 302 reflects a broader movement in state legislatures. Florida’s House Bill 487 also gained bipartisan support in its House Insurance and Banking Subcommittee on April 10th, further highlighting how digital assets are gaining prominence as tools for policymaking at the state level. The parallel advances in New Hampshire and Florida demonstrate the rapid shift from niche interest to mainstream policy influence of crypto in U.S. statehouses. For more news like this visit DeFi Planet, follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.