{"id":40793,"date":"2025-04-24T19:30:56","date_gmt":"2025-04-24T16:30:56","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=40793"},"modified":"2025-04-24T17:13:02","modified_gmt":"2025-04-24T14:13:02","slug":"new-hampshires-bitcoin-reserve-bill-moves-to-full-senate-vote","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/new-hampshires-bitcoin-reserve-bill-moves-to-full-senate-vote\/","title":{"rendered":"New Hampshire&#8217;s Bitcoin Reserve Bill Moves to Full Senate Vote"},"content":{"rendered":"<p class=\"\" data-start=\"68\" data-end=\"284\">A new bill in <a href=\"https:\/\/coinengineer.net\/blog\/cme-group-expands-crypto-suite-with-launch-of-xrp-futures\/\"><strong data-start=\"82\" data-end=\"99\">New Hampshire<\/strong><\/a> that would allow the state to invest a portion of its funds in <strong data-start=\"163\" data-end=\"181\">digital assets<\/strong> and <strong data-start=\"186\" data-end=\"205\">precious metals<\/strong> has passed a second committee review and is now headed for a full Senate vote.<\/p>\n<p class=\"\" data-start=\"286\" data-end=\"550\">Introduced in January, <strong data-start=\"309\" data-end=\"336\">House Bill 302 (HB 302)<\/strong> was reviewed in a second Senate committee on April 23 and passed with a 4-1 vote. The bill aims to allow the state to make investments in <strong data-start=\"475\" data-end=\"495\">cryptocurrencies<\/strong> with a market capitalization of over <strong data-start=\"533\" data-end=\"549\">$500 billion<\/strong>.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/new-hampshires-bitcoin-reserve-bill-moves-to-full-senate-vote\/#What_Does_the_Bill_Entail\" title=\"What Does the Bill Entail?\">What Does the Bill Entail?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/new-hampshires-bitcoin-reserve-bill-moves-to-full-senate-vote\/#Opposition_to_the_Bill\" title=\"Opposition to the Bill\">Opposition to the Bill<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/coinengineer.net\/blog\/new-hampshires-bitcoin-reserve-bill-moves-to-full-senate-vote\/#Other_Blockchain-Related_Bills\" title=\"Other Blockchain-Related Bills\">Other Blockchain-Related Bills<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/coinengineer.net\/blog\/new-hampshires-bitcoin-reserve-bill-moves-to-full-senate-vote\/#Arizonas_Bitcoin_Reserve_Plans\" title=\"Arizona&#8217;s Bitcoin Reserve Plans\">Arizona&#8217;s Bitcoin Reserve Plans<\/a><\/li><\/ul><\/nav><\/div>\n<h3 class=\"\" data-start=\"552\" data-end=\"582\"><span class=\"ez-toc-section\" id=\"What_Does_the_Bill_Entail\"><\/span>What Does the Bill Entail?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p class=\"\" data-start=\"584\" data-end=\"976\">HB 302 grants New Hampshire the authority to invest <strong data-start=\"636\" data-end=\"664\">10% of its general funds<\/strong> in <strong data-start=\"668\" data-end=\"688\">cryptocurrencies<\/strong>, but only those with a market cap exceeding <strong data-start=\"733\" data-end=\"749\">$500 billion<\/strong>. At present, the only digital asset that meets this criterion is <strong data-start=\"815\" data-end=\"826\">Bitcoin<\/strong>. If the bill passes, the state treasurer would be able to allocate funds to Bitcoin, potentially earning significant returns for the state&#8217;s coffers.<\/p>\n<h3 class=\"\" data-start=\"978\" data-end=\"1004\"><span class=\"ez-toc-section\" id=\"Opposition_to_the_Bill\"><\/span>Opposition to the Bill<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p class=\"\" data-start=\"1006\" data-end=\"1446\">Democratic Representative <strong data-start=\"1032\" data-end=\"1047\">Terry Spahr<\/strong> opposed the bill, arguing that it was unnecessary. Spahr suggested that the state treasurer already has sufficient authority to manage the state&#8217;s investments without the need for this legislation. However, Republican Representative <strong data-start=\"1281\" data-end=\"1297\">Jordan Ulery<\/strong> pointed out that the investments could yield substantial profits for the state and noted the potential benefits of investing in assets like Bitcoin.<\/p>\n<h3 class=\"\" data-start=\"1448\" data-end=\"1482\"><span class=\"ez-toc-section\" id=\"Other_Blockchain-Related_Bills\"><\/span>Other Blockchain-Related Bills<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p class=\"\" data-start=\"1484\" data-end=\"1779\">In addition to HB 302, New Hampshire is also considering two other <strong data-start=\"1551\" data-end=\"1565\">blockchain<\/strong>-related bills. <strong data-start=\"1581\" data-end=\"1591\">HB 639<\/strong> addresses dispute resolution through blockchain technology and regulatory frameworks, while <strong data-start=\"1684\" data-end=\"1694\">HB 310<\/strong> focuses on the <strong data-start=\"1710\" data-end=\"1747\">tokenization of real-world assets<\/strong> and the use of <strong data-start=\"1763\" data-end=\"1778\">stablecoins<\/strong>.<\/p>\n<h3 class=\"\" data-start=\"1781\" data-end=\"1816\"><span class=\"ez-toc-section\" id=\"Arizonas_Bitcoin_Reserve_Plans\"><\/span>Arizona&#8217;s Bitcoin Reserve Plans<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p class=\"\" data-start=\"1818\" data-end=\"2068\">New Hampshire\u2019s move comes at a time when <strong data-start=\"1860\" data-end=\"1871\">Arizona<\/strong> is taking a more aggressive stance by exploring the creation of a <strong data-start=\"1938\" data-end=\"1967\">strategic Bitcoin reserve<\/strong>. If Arizona proceeds with its plan, it could become the first U.S. state to implement such a policy.<\/p>\n<p class=\"\" data-start=\"2070\" data-end=\"2252\">The outcome of the upcoming full Senate vote will determine whether New Hampshire takes a significant step toward integrating <strong data-start=\"2196\" data-end=\"2226\">cryptocurrency investments<\/strong> into its public finances.<\/p>\n<hr \/>\n<p class=\"\" data-start=\"2070\" data-end=\"2252\"><em>Also, you can freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><strong>Telegram<\/strong>\u00a0 ,<\/a><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><strong>YouTube<\/strong><\/a>\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Twitter<\/strong><\/a>\u00a0channels for the latest\u00a0<a title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\">news<\/a>\u00a0and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A new bill in New Hampshire that would allow the state to invest a portion of its funds in digital assets and precious metals has passed a second committee review and is now headed for a full Senate vote. Introduced in January, House Bill 302 (HB 302) was reviewed in a second Senate committee on<\/p>\n","protected":false},"author":29,"featured_media":38180,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[14836,14839,14838,14837,14673],"class_list":["post-40793","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-arizona-bitcoin-reserve","tag-hb-310","tag-hb-639","tag-new-hampshire-bitcoin-reserve","tag-u-s-crypto"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>New Hampshire&#039;s Bitcoin Reserve Bill Moves to Full Senate Vote - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/new-hampshires-bitcoin-reserve-bill-moves-to-full-senate-vote\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Hampshire&#039;s Bitcoin Reserve Bill Moves to Full Senate Vote - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"A new bill in New Hampshire that would allow the state to invest a portion of its funds in digital assets and precious metals has passed a second committee review and is now headed for a full Senate vote. 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