🗳️ New Hampshire council rejects $100 million bonds backed by bitcoin
The New Hampshire Executive Council voted to reject the issuance of $100 million in municipal bonds backed by Bitcoin, with a 3-2 result. These bonds were expected to be the first of their kind worldwide, and the decision sparked discussions about the perceived risks to potential taxpayers despite denials from its supporters.
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📊 Impact: 📈 High
🏷️ REGULATION
#Bitcoin #Regulation #NewHampshire #MunicipalBonds #CryptoNews
🔗 Source: https://www.activistpost.com/new-hampshire-council-rejects-100-million-bitcoin-backed-bond/