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Home»Bitcoin»New Hampshire Council Votes Down $100M Bitcoin Bonds
Bitcoin

New Hampshire Council Votes Down $100M Bitcoin Bonds

EditorBy EditorJuly 12, 2026No Comments2 Mins Read
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New Hampshire Council Votes Down 0M Bitcoin Bonds
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Policymakers in New Hampshire’s govt council voted towards a proposal that will have allowed the state to challenge $100 million in bonds backed by Bitcoin (BTC).

At a Wednesday listening to, the five-member panel voted 3-2 towards the New Hampshire Enterprise Finance Authority’s (BFA) proposed issuance of $100 million in BTC-backed bonds. The proposed investments, which the authority accepted in November 2025, already had help from Governor Kelly Ayotte.

“It was a particularly short-sighted resolution,” stated state consultant Keith Ammon in a Thursday X put up after the vote. “I can not consider I witnessed it in particular person. They need to collect all related info and data and rethink their vote at a future assembly.”

Councilors Karen Liot Hill, Dave Wheeler and Janet Stevens voted towards the measure, whereas Joseph Kenney and John Stephen accepted it. The crypto funding automobiles, issued by the BFA and with CleanSpark placing up BTC as collateral, would have marked New Hampshire’s continued approval of digital asset insurance policies, following its Could 2025 crypto reserve legislation.

Associated: Financial institution of Korea governor outlines tokenized bond imaginative and prescient, unified ledger plan

Whereas the BTC-backed bonds had help from many within the crypto business, some consultants warned towards the proposal, saying it carried “substantial threat” for New Hampshire residents. Moody’s assigned the Bitcoin bond a provisional Ba2 ranking in March.

New Hampshire to affix prediction markets combat towards CFTC?

With gaming authorities in lots of US states having already filed lawsuits towards prediction market platforms like Kalshi and Polymarket over sports activities betting, some have speculated that New Hampshire may be part of the authorized combat difficult the Commodity Futures Buying and selling Fee’s (CFTC) authority. State Senator Tim Lang reportedly deliberate to introduce laws proscribing prediction markets in New Hampshire in April, however as of Friday, the platforms have been nonetheless stay within the state.

Journal: Has Bitcoin bottomed for this cycle? Analysts say ‘not but’

Cointelegraph is dedicated to unbiased, clear journalism. This information article is produced in accordance with Cointelegraph’s Editorial Coverage and goals to supply correct and well timed info. Readers are inspired to confirm info independently.
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