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New Hampshire Awaits Bitcoin Bond Buyer to Get First State Effort Rolling

CoinDesk
New Hampshire is moving forward with a potential $100 million private-sector bitcoin bond managed by a state entity.

Summary

The New Hampshire Business Finance Authority (NHBFA) has authorized steps for a potential $100 million private-sector bitcoin bond, which would be directed by the state entity but administered by a private firm. If approved by the New Hampshire Executive Council, this would be the nation's first such effort. State Representative Keith Ammon views this two-year bond as a template to protect state finances from dollar devaluation and inflation, relying on a rising bitcoin value. New Hampshire has been proactive in crypto policy, having previously established a crypto reserve.

(Source:CoinDesk)