New Hampshire SBR allows Bitcoin holdings to be capped at 5% of the state's total funds
The Governor of New Hampshire signed HB 302, making New Hampshire the first state in the U.S. to adopt a "Liberty or Die" national monetary policy framework that directly adopted Satoshi Action's Strategic Bitcoin Reserve (SBR) Model Act:
· Allows state treasury to buy bitcoin and top digital assets – authorizing reserves to buy up to $500 billion in bitcoin (full stop only).
· Holdings are capped at 5% of the state's total funds – ensuring that Bitcoin complements the state's broader investments.
· Enforce U.S. regulatory custody – Assets must be held by state-controlled multisig or through U.S. exchange-traded products for maximum security and transparency.
· Effective 60 days after adoption – providing a clear operational framework for the reserve and stack.
Show original
9.45K
4
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.