TechFlow reported on March 6 that, according to Cointelegraph, the New Hampshire House Committee on Commerce and Consumer Affairs voted 16:1 on March 5 to pass the state's Bitcoin reserve bill (HB302), which will now move to a full House vote.
If passed, the bill would authorize the New Hampshire Treasury to invest up to 5% of the General Fund, Revenue Stabilization Fund, or any other fund authorized by the legislature into digital assets. The bill specifies that only digital assets with an average market capitalization of $500 billion or more over the prior calendar year would be eligible, meaning only Bitcoin currently qualifies.
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