State-Level Bitcoin Reserves Are Here. Here's What You Need to Know.
The state of New Hampshire signed a bill into law on May 6 that enables its state treasury to invest in digital assets like Bitcoin (CRYPTO: BTC). Arizona followed suit by signing a slightly different bill of its own into law on May 7. Much like the federal government's Strategic Bitcoin Reserve (SBR), neither of these state-level reserves has been implemented as of yet.