New Hampshire became the first state to allow its treasury to allocate part of its investment portfolio into cryptocurrencies with market capitalizations above $500 billion. The legislation, passed by the state legislature and signed by the governor, aims to diversify returns and explore long-term growth potential in digital assets.
Supporters argue this move provides exposure to an emerging asset class that has shown significant appreciation, while critics caution about crypto’s volatility and regulatory uncertainties. The law includes safeguards such as investment caps and periodic reviews to monitor performance and risk.
