New Hampshire | Crypto

State representative Keith Ammon said the New Hampshire executive council's vote against Bitcoin-backed bonds was “short-sighted,” urging the body to reconsider the measure. Policymakers in New Hampshire’s executive council voted against a proposal that would have allowed the state to issue $100 million in bonds backed by Bitcoin (BTC). At a Wednesday hearing, the five-member panel voted 3-2 against the New Hampshire Business Finance Authority’s (BFA) proposed issuance of $100 million in BTC-backed bonds. The proposed investments, which the authority approved in November 2025, already had support from Governor Kelly Ayotte. “It was an extremely short-sighted decision,” said state representative Keith Ammon in a Thursday X post after the vote. “I can't believe I witnessed it in person. They should gather all relevant facts and information and reconsider their vote at a future meeting.” Read more

The July 8 council hearing will show whether BTC collateral can move from credit design into a government approval process. The post New Hampshire rejects $100M Bitcoin-backed bond after public finance hearing appeared first on CryptoSlate.

The proposed bonds to be backed by cryptocurrency still need approval from New Hampshire Governor Kelly Ayotte and the state’s five-member executive council. The New Hampshire Secretary of State’s office announced that lawmakers would discuss issuing $100 million in bonds backed by Bitcoin (BTC) at a public hearing. In an update to the New Hampshire governor and executive council agenda, the state’s Business Finance Authority (BFA) has scheduled a meeting for Wednesday regarding the proposed issuance of $100 million in BTC-backed bonds. The BFA approved the bond in November 2025, saying that it planned to issue the vehicles upon approval from Governor Kelly Ayotte and the state’s five-member executive council. “This is an innovative way to bring more investment opportunities to our state and position us as a leader in digital finance without risking state funds or taxpayer dollars,” said Ayotte on the bonds, following the BFA approval.  Read more

New Hampshire has approved a $100 million Bitcoin-backed municipal conduit bond, letting borrowers raise capital against overcollateralized BTC. New Hampshire has approved the issuance of a $100 million municipal bond backed by Bitcoin, in what appears to be the first structure of its kind at the US state level. Minutes from a Nov. 17 meeting of the New Hampshire Business Finance Authority (BFA), the state’s business financing agency, show the board planned “to consider approving a resolution authorizing up to $100,000,000 bonds for a project to acquire and hold digital currency.” Minutes from the following day record that directors voted to “approve the preliminary official intent, with no reservation, to issue a taxable conduit revenue bond for WaveRose Depositor, LLC of up to $100,000,000.” Read more