PANews reported on April 11 that according to Cointelegraph, New Hampshire and Florida have made new progress in the advancement of the Bitcoin Reserve Bill. On April 10, the New Hampshire House of Representatives passed the HB302 bill by 192 votes to 179 and has submitted it to the Senate for deliberation. The state became the fourth state to pass a Bitcoin Reserve Bill in one house after Arizona, Texas and Oklahoma. If HB302 is passed by the Senate and signed by Governor Kelly Ayotte, the state treasurer will be able to use 10% of the state general fund and other authorized funds to invest in precious metals and specific digital assets. The bill also clarifies the asset custody method. The bill stipulates that only cryptocurrencies with a market value of more than $500 billion can be invested, and currently only Bitcoin meets the conditions.

On the same day, the Florida House of Representatives Insurance and Banking Committee unanimously passed the state's Bitcoin Reserve Bill HB487, which still needs to be reviewed by three committees before it can be submitted to the state House of Representatives. Similar to the New Hampshire bill, HB487 allows the Florida Chief Financial Officer and the State Administrative Committee to invest 10% of some state funds (including the General Revenue Fund and the Budget Stabilization Fund) in Bitcoin. The bill also gives the state treasurer the right to invest in digital assets directly or through qualified custodians or exchange-traded products, and details security and custody requirements.