A proposal that would have made New Hampshire among the first US states to issue bitcoin-linked government bonds has been halted in its final approval stage. The state's executive council voted 3-2 against the project, ending an effort that supporters had positioned as a trailblazing step for public-sector cryptocurrency adoption. The bond initiative aimed to integrate bitcoin into state government financing, potentially setting a precedent for other jurisdictions considering similar measures. The narrow margin of the vote reflects ongoing divisions among policymakers over exposing public funds to the volatility and regulatory uncertainty associated with digital assets. The rejection marks a setback for advocates who viewed the plan as a way to modernize state finance and attract crypto-related investment, while cautious officials prevailed in blocking the measure at its concluding stage.
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