New Hampshire is the first state to approve purchases of digital assets by its state treasurer. Bills have surfaced in other states but have lost steam.

New Hampshire’s governor signed a bill establishing a cryptocurrency reserve, making it the first state to let its government invest in cryptocurrencies such as Bitcoin. New Hampshire House Bill 302 “enables the state treasurer to invest state funds into precious metals and digital assets,

New Hampshire vaulted into unchartered territory Tuesday, becoming the first U.S. state to authorize crypto investments for its public funds.