Wu reported that the Governor and Executive Council of New Hampshire will hold a public hearing on July 8 regarding a bitcoin-backed municipal revenue bond of up to $100 million.


The project is being advanced by the New Hampshire Business Finance Authority (BFA), with BitGo serving as the custodian of the bitcoin collateral.
The BFA previously stated that the transaction does not involve taxpayer funds or state government guarantees, and the final issuance still requires approval from the Governor and Executive Council.
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