New Hampshire Takes a Leap Forward: First US State to Legalize Bitcoin Reserves

A historic milestone in the United States has been achieved as New Hampshire became the first state to enact legislation for a “Strategic Bitcoin Reserve” (SBR). This groundbreaking law, passed with Governor’s signature, allows the state treasury to utilize digital assets within its reserves. The new law, HB 302, empowers state treasuries to purchase Bitcoin and certain high-value digital assets, adding them to their official reserve holdings. Inspired by the model developed by the Satoshi Action Fund, this groundbreaking legislation paves the way for other states to adopt similar frameworks.