New Hampshire proposes bill to establish 'strategic Bitcoin reserve'

Dennis Porter, co-founder and CEO of Satoshi Action Fund (SAF), posted on X platform that New Hampshire Congressman Keith Ammon has submitted 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) and digital assets (including Bitcoin). The bill will introduce new regulations to clarify the definitions of "qualified custodians" and "secure custody solutions" to ensure the safe custody of digital assets and operate through regulated trading products.