logo

A Historic Moment for Bitcoin (BTC): For the First Time, a US State Approves a Bitcoin Strategic Reserve Law

By: bitcoin ethereum news|2025/05/07 15:30:02
0
Share
copy
A historic step was taken in the United States: New Hampshire became the first state to legislate the “Strategic Bitcoin Reserve” (SBR) model, adopting the first law that allows the use of digital assets at the state treasury level. The state enacted the bill, HB 302, with the governor’s signature. Under the new law, state treasuries will be able to purchase Bitcoin and certain high-level digital assets and add them to their reserves. The law was inspired by the “Strategic Bitcoin Reserve” model law developed by the Satoshi Action Fund. Satoshi Action CEO and co-founder Dennis Porter said, “Satoshi Action wrote the model, New Hampshire signed it into law. Now every state treasurer can follow this roadmap. This is not just a law; it is the spark of a movement.” What Does HB 302 Bring? Authorizes Purchases of Bitcoin and High-End Digital Assets: The state treasurer will be able to include in the reserves digital assets with a market value of over $500 billion. Currently, only Bitcoin meets this criterion. Limits Reserve Share to 5%: Bitcoin holdings are limited to not exceeding 5% of the state’s total financial reserves. US Regulatory Safekeeping Requirement: Assets will be held in multi-signature state-controlled wallets, through a qualified custodian, or in a US-regulated exchange-traded product. The Law Will Come Into Force Within 60 Days: The state treasury will begin activating the new reserve structure within two months. *This is not investment advice. Source: https://en.bitcoinsistemi.com/a-historic-moment-for-bitcoin-btc-for-the-first-time-a-us-state-approves-a-bitcoin-strategic-reserve-law/

You may also like

Michael Saylor: Winter is Over – Is He Right? 5 Key Data Points (2026)

Michael Saylor tweeted yesterday “Winter‘s Over.” It is short. It is bold. And it has the crypto world talking.

But is he right? Or is this just another CEO pumping his bags?

Let us look at the data. Let us be neutral. Let us see if the ice has really melted.

WEEX Bubbles App Now Live Visualizes the Crypto Market at a Glance

WEEX Bubbles is a standalone app designed to help users quickly understand complex crypto market movements through an intuitive bubble visualization.

Polygon co-founder Sandeep: Writing after the chain bridge chain explosion

In three weeks, Drift, Hyperbridge, and KelpDAO were consecutively hacked, resulting in nearly $900 million in losses. Polygon's CEO wrote that the problem lies not with any single team, but with the "notary" style architecture shared by the entire industry—relying on one or two signers to stamp cro...

Major Upgrade on Web: 10+ Advanced Chart Styles for Deeper Market Insights

To deliver more powerful and professional analysis tools, WEEX has rolled out a major upgrade to its web trading charts—now supporting up to 14 advanced chart styles.

Morning Report | Aethir secures a $260 million enterprise contract with Axe Compute; New Fire Technology acquires Avenir Group's trading team; Polymarket's trading volume surpassed by Kalshi

Overview of Important Market Events on April 23

Why a Million-Follower Crypto KOL Chooses WEEX VIP?

Discover why top crypto KOL Carl Moon partnered with WEEX. Explore the WEEX VIP ecosystem, 1,000 BTC protection fund, and exclusive rewards for serious traders.

The Joker is back
Bigger pools, auto-play, lucky buffs.
The Joker is backJoin now and grab your rewards.

Popular coins

Latest Crypto News

16:42

BIT: The current indicators for Bitcoin are generally positive, but the upward momentum may still be disturbed by periodic risk factors before entering the target range

BIT tweeted that in the past two issues of the "Biton Target" report, we hinted that the bear market phase of Bitcoin may be nearing its end. Signals from multiple time dimensions are gradually forming resonance, supporting this judgment. When this judgment was made, Bitcoin was approaching the down...
BTCBTC
--
16:42

Data: The US spot Bitcoin ETF has absorbed 18,991 BTC in the past 5 trading days, which is 9 times the new supply

According to Bitwise data, the US spot Bitcoin ETF has absorbed a total of 18,991 BTC in the past 5 trading days, which is 9 times the new supply from mining during the same period (2,109 BTC).
BTCBTC
--
16:42

Data: The current 8-hour average funding rate for ETH across the entire network is -0.0015%

According to Coinglass data, the current 8-hour average funding rate for ETH across the network is -0.0015%. Among the current mainstream exchanges, the funding rate on Binance is -0.007%, OKX is -0.0032%, Bybit is -0.006%, and Gate is 0.0037%.
16:42

Data: Ethereum network 24h transaction fees of 2.7 million USD, surpassing Hyperliquid

According to Artemis data, Ethereum generated $2.7 million in fees in 24 hours, leading Hyperliquid's $1.7 million.
ETHETH
--
HYPEHYPE
--
16:42

The S&P 500 futures in the United States rose by 0.14%, while the Dow futures fell by 0.13%

According to Jinshi reports, the S&P 500 E-MINI futures rose by 0.14%, the Dow futures fell by 0.13%, and the Nasdaq 100 futures rose by 0.65%.
Read more
Community
iconiconiconiconiconiconicon

Customer Support Bot：@WEEX_support_smart_Bot

VIP Services：support@weex.com