The Executive Council voted 3-2 against the proposal, halting a structure that would have moved BTC collateral from credit design into a state-linked approval process.
Quick Take
- New Hampshire’s Executive Council voted 3-2 against a proposed $100 million Bitcoin-backed municipal bond on July 8.
- The rejection stopped a structure meant to move Bitcoin collateral into a state-linked public finance process without Taxpayer exposure.
- Officials had already seen a provisional Moody’s rating, but the proposal still failed at final approval, leaving its future uncertain.
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Liam ‘Akiba’ Wright
Editor-in-Chief
Jul. 9, 2026