New Hampshire Makes History: First State to Legalize Crypto Reserves for Treasury

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2025-05-06 17:25:59

New Hampshire Becomes First State to Approve Crypto Reserve Law

New Hampshire just rewrote the rulebook—state treasuries can now hold Bitcoin and other digital assets as reserve assets. Move over, gold bars.

Why it matters: This isn’t just symbolic. The ’Live Free or Die’ state just gave institutional legitimacy to crypto at the government level—while Wall Street still debates ETF custodianship.

The fine print: Treasury officials get to pick ’qualified’ custodians (read: probably not your cousin’s MetaMask wallet). Assets must meet liquidity thresholds—so no memecoins allowed, no matter how viral.

Wall Street’s reaction: Silence. Probably too busy calculating how to slap a 2% management fee on this.

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