History was made for Bitcoin in the USA: The first Crypto Reserve Law was passed! - Coin Bulletin

New Hampshire became the first U.S. state to pass a law allowing public funds to invest in digital assets. The state took an important step to be able to invest in digital assets such as Bitcoin (BTC).

New Hampshire made history as the first US state to officially approve the inclusion of digital assets in state funds. The HB 302 law, signed by Governor Kelly Ayotte on May 6, 2025, grants the state treasury the authority to invest in digital assets with a market value of $500 billion. Currently, only Bitcoin (BTC) meets this threshold, and with the enactment of the law, the state has gained the opportunity to diversify its funds by investing in cryptocurrencies.

The adoption of the law could make New Hampshire a leader in digital asset investments, and this step could serve as an example for other states. The state will have the authority to invest 5% of public funds in digital assets like Bitcoin. This development could accelerate the process of other states adopting similar laws.

The details of the law

HB 302 allows New Hampshire to invest not only in digital assets like Bitcoin (BTC) but also in precious metals. This law aims to help diversify the state's funds and protect against inflation. The state's financial managers will have the option to hold digital assets in-house or store them with a suitable custodian.

The situation of other states

Before New Hampshire, states like Arizona and Florida also attempted to pass similar laws, but these efforts were unsuccessful. New Hampshire stands out as the first state to ensure that digital assets are included in state reserves.