New Hampshire Signs Blockchain Basic Law, Texas Invests $5 Million to Establish Bitcoin Reserve

New Hampshire Governor Kelly Ayotte signed HB 639, known as the Blockchain Basic Laws, providing legal protection for digital asset users, developers, miners, validators, and businesses, ensuring the rights to use and self-custody of digital assets. The legislation authorizes the establishment of specialized case files for blockchain-related disputes. New Hampshire's 2025 law allows the state treasurer to allocate up to 5% of certain public funds to precious metals and qualified digital assets, with Bitcoin currently being the only asset meeting the market capitalization threshold. Texas Governor Greg Abbott signed SB 21 in June 2025, establishing the Texas Strategic Bitcoin Reserve, with state legislators allocating $10 million, and Texas making an initial investment of approximately $5 million through a spot Bitcoin ETF. A proposal in Wyoming to allow up to 3% of certain state funds to be allocated to Bitcoin was not passed in 2025, but the state continues to advance a framework for specialized banks and the Frontier Stable Token, which is set to be publicly available in January 2026 and is described as the first state-issued stablecoin in the U.S.

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