u.today
New Hampshire has become the first U.S. state to pass a strategic Bitcoin reserve (SBR) bill.
The bill (HB 302) was signed into law by Governor Kelly Ayotte earlier today.
As reported by U.Today, Arizona was on track to become the first US state with an SBR bill. However, the effort was blocked by Governor Katie Hobbs.
The fact that New Hampshire is the first state to invest in Bitcoin is not surprising, given that it is known as the libertarian hub of the US.
There are also ongoing efforts to pass similar bills in several other states.