New Hampshire council votes down $100M Bitcoin bonds

CoinTelegraph·

New Hampshire council votes down $100M Bitcoin bonds

60-second summary

The New Hampshire executive council votes down $100M Bitcoin-backed bonds after a contentious debate, with state representative Keith Ammon calling the decision "short-sighted" and urging reconsideration. The council's vote likely impacts New Hampshire's economic development, as the bonds offered a potential source of funding for infrastructure projects, now left uncertain.

State representative Keith Ammon said the New Hampshire executive council's vote against Bitcoin-backed bonds was “short-sighted,” urging the body to reconsider the measure.