New Hampshire council votes down $100M Bitcoin bonds
Cointelegraph 2026-07-10 17:23:10
Context: The New Hampshire executive council has voted against a proposal to issue $100 million in Bitcoin-backed bonds. The decision was met with criticism from State Representative Keith Ammon, who argued that the vote was "short-sighted". The move comes as New Hampshire considers its stance on cryptocurrency and blockchain technology.
Key Facts
- The New Hampshire executive council voted against a proposal to issue $100 million in Bitcoin-backed bonds, a decision that was publicly criticized by State Representative Keith Ammon.
- State Representative Keith Ammon described the council's vote as "short-sighted" and urged the body to reconsider the measure, suggesting that it may have been premature to reject the proposal.
- The proposed bonds would have been backed by Bitcoin, a type of cryptocurrency that has gained significant attention and investment in recent years, but the specifics of how the bonds would have been structured and secured were not provided in the available information.