New Hampshire Follows Bitcoin Reserve With 'Blockchain Basic Laws' Signing

According to Decrypt, New Hampshire has enacted the Blockchain Basics Law, which aims to bolster protections for blockchain technology and cryptocurrency users within the state. This legislation follows last year's establishment of a strategic Bitcoin reserve, allowing limited investment of public funds in Bitcoin, although a recent proposal for a Bitcoin-backed municipal bond was denied by the state’s executive council. Governor Kelly Ayotte emphasized New Hampshire's commitment to being a leader in blockchain innovation with the passage of this law. Read the full story at Decrypt . Summary by ScryveWire, an official Scryve news desk. Scryve is a home for provably-human crypto writing — new writers keep 100% of tips and collects for their first 90 days.