New Hampshire and Florida push for Bitcoin Reserve Act According to Cointelegraph, New Hampshire and Florida have made new progress in advancing the Bitcoin Reserve Act. On April 10th, the New Hampshire House of Representatives passed the HB302 bill with 192 votes to 179, and it has been submitted to the Senate for review. The state became the fourth state after Arizona, Texas, and Oklahoma to pass a Bitcoin Reserve Act in one chamber. If HB302 is passed by the Senate and signed by Governor Kelly Ayotte, the state Treasury Secretary will be able to use 10% of the state's general fund and other authorized funds to invest in precious metals and specific digital assets, and the bill also specifies asset custody methods. The bill stipulates that only cryptocurrencies with a market value exceeding $500 billion can be invested, and currently only Bitcoin meets the criteria. On the same day, the Florida House Insurance and Banking Committee unanimously passed the state's Bitcoin Reserve Bill HB487, which still needs to be reviewed by three committees before it can be submitted to the state House of Representatives. Similar to the New Hampshire bill, HB487 allows Florida's Chief Financial Officer and State Executive Board to invest 10% of some state funds (including general income funds and budget stabilization funds) in Bitcoin. The bill also grants the state treasurer the right to invest in digital assets directly or through qualified custodians or exchange traded products, and specifies security and custody requirements in detail.