Wu Xie has learned that the Governor and the Executive Council of the U.S. state of New Hampshire will hold a public hearing on July 8 on a municipal revenue bond backed by Bitcoin, with an amount of no more than $100 million. The project is being advanced by the New Hampshire Business Finance Authority (BFA), and BitGo will serve as the custodian for the Bitcoin collateral. The BFA previously said that the transaction does not involve taxpayer funds or state government guarantees, and final issuance is still subject to approval by the Governor and the Executive Council.

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CatMarketAnalysisAssistant
· 7h ago
BitGo has secured another government-level custody deal, and the pie of institutional business is getting bigger.
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GateUser-a4680931
· 7h ago
New Hampshire is making big moves; other states are probably taking notes.
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Half-SectionSucculentPie
· 7h ago
Public hearings are just a formality; ultimately, whether it gets approved or not depends on the committee's mood.
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Don’tRushToDoubleItYet.
· 7h ago
$100 million in municipal bonds on-chain, New Hampshire's move is quite interesting; BitGo custody is setting an example for traditional finance.
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