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Bitcoin invoices have progressed in the Insurance and Banks of the New Hampshire and Florida Chamber, bringing the States to create BTC reserves closer.
Development comes while Arizona leads the race to become the first American state to establish a Bitcoin reserve, according to data Bitcoin laws.
New Hampshire joins the list of American states that have advanced a Bitcoin Bill through a room
The Maison du New Hampshire adopted its Bitcoin HB302 reserve bill during a 192-179 vote yesterday.
HB302 will now go to the Senate, making New Hampshire the fourth state to adopt a BTC reserve bill in a single room. The other states that have made similar progress are Arizona, Texas and Oklahoma.
If New Hampshire Bitcoin Bill erases the Senate and is promulgated, it will allow the State treasurer to invest up to 10% of the General Hampshire Fund and other funds authorized to buy certain cryptos as well as precious metals.
One of the eligibility criteria is that the crypto must have a market capitalization of more than $ 500 billion to include in the reserve, a requirement that only Bitcoin currently meets.
The State also has two other bills linked to blockchain which are making their way through the Legislative Assembly. It is HB310, which focuses on the stabbed and the tokenization of real assets (RWA), and HB639 which deals with the regulations and the settlement of blockchain disputes.
Florida BTC’s bill advances after a unanimous vote
The Florida also progresses with its Bitcoin Reserve bill, HB487. Yesterday, the State Insurance and Bank Committee adopted the bill with a unanimous vote.
Similar to the New Hampshire HB302 bill2, HB487, if it was approved, would allow the Florida State Board of Directors and the State Director to use up to 10% of certain funds to buy Bitcoin.
Watch: Florida House Committee adopts Bitcoin Reserve Bill
The insurance and bank committee adopted HB 487 unanimously today
Including the move of the testimonies of the representative of the sponsor of Bill Webster Barnaby pic.twitter.com/myalnvtfl9
– Bitcoin Laws (@bitcoin_laws) April 10, 2025
Before yesterday’s vote, the Republican representative Webster Barnaby, who is the sponsor of the bill, urged the committee to “vote” on the “very important bill” which, according to him, would place Florida on the attack on blockchain and cryptographic technology.
The bill will now have to identify three committees before being able to go to the House of Florida.
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