TechFlow news, May 7 — According to a statement released by the Satoshi Action Fund, New Hampshire has officially signed HB 302, becoming the first state in the U.S. to pass legislation establishing a "Strategic Bitcoin Reserve" (SBR). The bill authorizes the state treasurer to purchase bitcoin or digital assets with a market capitalization exceeding $50 billion, with holdings capped at 5% of total reserve funds. Reserve assets must be held via U.S. regulated, compliant multisignature mechanisms or exchange products to ensure transparency and security. The law will take effect 60 days after signing.
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