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The Defiant 2025-05-10 05:30:27

New Hampshire First, Arizona Second State to Establish Strategic Bitcoin Reserves Under HB 2749 Signed by Gov. Katie Hobbs

New Hampshire has become the first U.S. state to establish a strategic Bitcoin reserve, marking a pioneering move in state-level cryptocurrency adoption. Following New Hampshire's lead, Arizona has become the second state to create its own Bitcoin Reserve Fund, formalized through the signing of HB 2749 into law by Governor Katie Hobbs. These developments highlight a growing trend among U.S. states to incorporate Bitcoin into their financial strategies, signaling a shift in how digital assets are perceived and utilized at the governmental level. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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