A new AA bill introduced by Rep. Keith Ammon could allow the New Hampshire Treasury to hold Bitcoin as a reserve asset.
Republican Rep. Keith Ammon Suggested Legislation that would create a strategic Bitcoin (Bitcoin) is a state reserve, enabling the state treasury to hold Bitcoin alongside traditional assets such as gold, silver, and platinum.
Rep. Ammon's bill includes "secure custody solutions" to protect a potential Bitcoin cache in New Hampshire. Even states now need a cryptocurrency wallet as the adoption rate rises.
If passed, New Hampshire could become a leader in pushing for state-controlled bitcoin reserves. However, it faces stiff competition from other countries considering similar measures.
As previously reported, Texas, Ohio and about 10 other US states It is considered BTC Treasury Legislation. Lawmakers like Cynthia Loomis have also called for the creation of a Bitcoin reserve at the federal level.
The idea of creating a Bitcoin reserve in the United States gained momentum last year, driven in part by former President Donald Trump's campaign to appeal to the voting bloc with cryptocurrencies. Trump has pledged to make the United States a world leader in cryptocurrencies and has proposed building a Bitcoin stock from the government's current holdings of 207,000 Bitcoin.
Now, less than two weeks into 2025, predictions that more jurisdictions will move to adopt Bitcoin reserves are beginning to come true. In addition to the United States, countries such as Brazil and Poland have also begun to explore the concept of holding Bitcoin in their national treasuries.
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