New Hampshire has entered the story by becoming the first American state to Approve a Bitcoin Strategic Reserve ActA measure which officially authorizes the treasurer of the State to invest in Bitcoin and other digital assets within the framework of public financial reserves.
New Hampshire presents a Innovative regulatory framework for Bitcoin State reserves
The law HB 302Signed by the Governor Kelly Ayotteestablishes a Advanced policy framework inspired by the model proposed by Satoshi actionAn organization that promotes the adoption of bitcoin in public finances. This legislation, which will come into force 60 days after official approval, opens the way to New Hampshire for start Bitcoin And digital active in its reserve fund.
The bill allows State treasurer To buy bitcoin and other digital assets, with an essential condition: assets must have a market capitalization exceeding $ 500 billion. To date, only Bitcoin meets this requirement, making it the only eligible digital active.
In addition, the regulations have set a maximum limit of 5% of the total state reserves For investments in Bitcoin, thus guaranteeing that this cryptocurrency serves as a complement and not a dominant component of the financial strategy of the State.
This reduced allowance allows the diversification of the state portfolio, protecting taxpayers against excessive and volatile exposures, while adopting innovation linked to digital assets.
Maximum security and transparency for digital reserves
One of the most important aspects of the new law concerns the Digital asset guard. The regulations require that any bitcoin or digital active ingredient held by the treasurer be maintained in regulated guard in the United States. This is done via a multisig portfolio system (multisignature) directly controlled by the state, or through guardians or qualified products negotiated exclusively on American exchanges.
This measure aims to ensure maximum security,, long -term stabilityTransparency and responsible budget management, fundamental aspects during the discussion of public funds and the protection of taxpayers.
The scope of the initiative: a model for the United States
Dennis Porter, CEO and co-founder of Satoshi Action, described this law as a real step:
“Satoshi Action wrote the model, the New Hampshire has engraved it in law, and now all the treasurers of the country can follow this roadmap. The HB 302 bill demonstrates how it is possible to protect taxpayers, diversifying reserves and preparing the future of public finances by adopting a most secure monetary movement in the world. The new Hampshire has not simply adopted a law;
This recognition highlights the strategic importance for the whole country: New Hampshire traces a concrete path for the adoption of bitcoin in public finances, demonstrating how local governments can integrate digital assets in a secure and regulated manner.
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The protagonists of the law
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Among the main supporters of these regulations are distinguished:
- The deputy Keith Ammon (R-Hillsborough 40), a well-known Bitcoin promoter among legislators.
- THE Leader della Maggioranza Jason Osbornewho played a crucial role in promoting the bill.
- Ian HuyettMember of the New Hampshire Blockchain Council, which led lobbying and the mobilization of local support.
This bipartite coalition underlines how interest in cryptocurrencies can unite different factions around an innovative vision for the future of public finances.
Satoshi action: promoters of a new digital policy
The non -profit organization Satoshi Action played a decisive role in shaping and promoting this revolutionary law. With a major assessment, the association has contributed to the approval of more than six bull laws favorable to Bitcoin in various state jurisdictions and presented more than twenty proposals for invoices of similar bear across the country.
Satoshi action supports bipartite policies that promote financial innovation,, Public finance resilienceand the integration of digital assets at the government level, by emphasizing long -term.
The potential impact of the Bitcoin Strategic Reserve Act Approved in New Hampshire
This law places New Hampshire in the role of a pioneer of a new trend in the United States. The measure could indeed trigger a Bitcoin adoption wave in state financesEncouraging other local governments to assess the advantages of a similar strategy.
The initiative, in fact, promises several advantages:
- Innovazione Finanziaria: Integare significant bitcoin adottare una tecnologia pioneristica nel campo monetario.
- Diversification of public reserves: Reduce dependence on traditional assets.
- Financial resilience: Take advantage of the intrinsic security of the Bitcoin network to protect state savings.
- Long -term strategic planning: Prepare public finances for future economic challenges.
Enthusiasm around this law shows that public finances can evolve in a sustainable manner even by adopting digital assets.
New Hampshire took a Historical step in the world of public finances By approving the first investment law in Bitcoin and digital assets. This decision opens up important prospects for the management of public funds, demonstrating how it is possible to combine security and innovation. Other states could soon follow this example, by initiating a real movement towards a new digital economy at the government level.
It is therefore time for governments and citizens to reflect on the role of digital assets in public financial strategiesConsidering the advantages, risks and opportunities of an evolving economic world.
