New Hampshire rejects $100M Bitcoin-backed bond after public finance hearing
The post New Hampshire rejects $100M Bitcoin-backed bond after public finance hearing appeared on BitcoinEthereumNews.com. New Hampshire’s Executive Council rejected a proposed $100 million Bitcoin-backed municipal bond in a 3-2 vote on July 8, stopping a Business Finance Authority structure that would have moved BTC collateral into a state-linked public finance process. The vote came after the New Hampshire Business Finance Authority said last November that its board had approved a $100 million inaugural issuance backed by Bitcoin, while noting that issuance would still require approval by the Governor and Executive Council. That approval did not come. As the Boston Globe reported, the councilors voted against the plan after a motion to table the proposal failed to receive a second. Related Reading What states can still do to crypto after GENIUS and CLARITY Federal law can decide what crypto is, but Illinois just proved a state can still decide how much it costs to use. Jun 29, 2026 ·