Wu Blockchain (@WuBlockchain): According to Crypto in America, New Hampshire’s Business Finance Authority (BFA) has approved a $100 million Bitcoin-backed municipal conduit bond, th…
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According to Crypto in America, New Hampshire’s Business Finance Authority (BFA) has approved a $100 million Bitcoin-backed municipal conduit bond, the first of its kind in the U.S., Crypto in America reports. This follows the state’s earlier move to allocate up to 5% of its treasury to digital assets. Fees and returns from the BTC collateral will fund the state’s Bitcoin Economic Development Fund to support innovation and entrepreneurship. https://t.co/sgdEfOAiDa