Key facts
- New Hampshire's Executive Council will vote on a $100 million Bitcoin-backed municipal bond.
- This is reportedly the first of its kind in the United States.
- The bond aims to leverage Bitcoin's value for state financing.
New Hampshire's Executive Council is scheduled to vote on a groundbreaking $100 million municipal bond that will be backed by Bitcoin. This proposed financial instrument represents a first-of-its-kind initiative in the United States, exploring the use of cryptocurrency as collateral for state-level debt.