[New Hampshire Approves First $100 Million Municipal Bond Backed by Bitcoin Collateral] According to Crypto in America, the New Hampshire Business Finance Authority (BFA) has approved the first U.S. municipal bond backed by Bitcoin collateral, with a scale of $100 million. The bond is over-collateralized with BTC held by private custodian BitGo, and the BFA acts as a conduit with no repayment liability. The bond structure was designed in collaboration between Wave Digital Assets and Rosemawr. If the value of BTC falls below 130%, automatic liquidation will be triggered to protect the rights of bondholders. The related proceeds will be injected into the 'Bitcoin Economic Development Fund' to drive innovation and development within the state.