New Hampshire has become the fourth U.S. state to pass a Bitcoin reserve bill, HB302, which allows the state to allocate 10% of its general fund to invest in Bitcoin and other eligible digital assets with a market cap over $500 billion. The bill passed with a vote of 192-179 and awaits Senate approval. Meanwhile, Florida's House Insurance and Banking Committee unanimously advanced a similar bill, HB487, which, like New Hampshire's, permits investment of up to 10% of certain state funds in Bitcoin. The bill is also pending approval from several committees before moving to the House floor. Both states aim to position themselves at the forefront of digital asset investment, with discussions underway about the security and custodial measures necessary for such investments. If passed, these bills could have significant implications for state-level cryptocurrency engagements.

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