New Hampshire's House Bill 302, aimed at allowing the state treasurer to invest in cryptocurrencies and precious metals, has progressed to a full Senate vote after a recent committee approval. The bill was originally introduced in January and passed in the House with a close 192-179 vote. Following its review on April 23 in the Senate committee, it received a favorable 4-1 vote. If the bill is passed by the Senate and signed by the governor, it will permit the use of 10% of the state's general funds to invest in cryptocurrencies with a market cap exceeding $500 billion, currently applicable only to Bitcoin. While some legislators support the bill citing potential revenue benefits, others, including Democratic Representative Terry Spahr, express concerns about the necessity and security of such investments. New Hampshire is exploring innovative blockchain legislation amid Arizona's efforts to establish a strategic Bitcoin reserve.

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