New Hampshire Lawmaker Introduces Bill That Would Enable the State To Form a Digital Asset Treasury

Description

A New Hampshire lawmaker introduced legislation this week designed to allow the state’s treasury to invest in digital assets and precious metals. If House Bill 302 is passed, the New Hampshire state treasurer could use a portion of public funds to purchase precious metals, any digital asset with a market capitalization of over $500 billion, and/or stablecoins. The bill stipulates that the treasurer would not be able to invest more than 10% of the total amount of public funds in any of those thre...