New Hampshire Proposal to Establish 'Strategic Bitcoin Reserve'

BlockBeats News, January 11th, Satoshi Action Fund (SAF) co-founder and CEO Dennis Porter wrote that New Hampshire State Representative Keith Ammon has introduced a bill proposing the establishment of a "strategic reserve" that would allow the state treasury to invest in precious metals (such as gold, silver, platinum) as well as cryptocurrencies (including Bitcoin). The bill would introduce new provisions to define "Qualified Custodian" and "Secure Custody Solution" to ensure the secure storage of cryptocurrency assets and operate through regulated approval of financial products.