PANews reported on March 6 that according to Cointelegraph, the New Hampshire House of Representatives Commerce Committee passed the Bitcoin Reserve Act (HB302) with a vote of 16 to 1, and the bill will now enter the full House of Representatives voting stage. If finally passed, the state treasurer will be authorized to invest 5% of the state fund in digital assets. In fact, only Bitcoin currently meets the $500 billion market value standard stipulated in the bill.

The bill was proposed by Republican Congressman Keith Ammon and supported by two Democratic congressmen. After the amendment, the stablecoin and staking options were removed, and the investment limit was reduced from the original 10% to 5%. The state finance minister has said that if the bill is passed, he will consider investing. This development coincides with President Trump's announcement of the establishment of a national crypto strategic reserve, and experts predict that the reserve may be mainly composed of Bitcoin. Currently, many states including North Carolina and Texas are also promoting similar bills, and the trend of US state-level Bitcoin legislation is accelerating.