The Recent Hampshire governor signs the Act on a cryptographic reserve

Published on:

Kelly Ayotte, Recent Hampshire governor, signed a law that allowed the state treasurer to invest in cryptocurrencies, including Bitcoin (BTC).

In the notification of May 6 Ajotte announced In the social media in Recent Hampshire, she could “invest in cryptocurrency and precious metals” through a law adopted in the State Senate and the House of Representatives. House Bill 302, introduced to Recent Hampshire in January, will allow you to the Treasury to employ funds to invest in cryptocurrencies with market capitalization in the amount of over $ 500 billion, eliminating many tokens and memecoins.

Signing the Act on the Recent Hampshire cryptocurrency reserve on May 6. Source: Kelly Ayotte governor

With the signing of the Act, the Recent Hampshire Act was the first of several US states, considering adopting provisions regarding the establishment of a strategic Bitcoin reserve, including an initiative with the federal government. A similar bill in Arizona passed the State House in April, but was vetoed by Governor Katie Hobbs on May 2.

This is a developing story, and further information will be added as far as possible.

Related

Leave a Reply

Please enter your comment!
Please enter your name here