CoinDesk·4 min read·medium
New Hampshire snuffs out trailblazing state-government bitcoin bond effort
J
Jesse Hamilton
✦AI Summary
The New Hampshire Executive Council has rejected a proposed $100 million state-backed bond tied to Bitcoin mining firm CleanSpark. Despite the setback, crypto advocates in the state legislature remain committed to pursuing future crypto-financial initiatives.
Just a few months after Moody's Ratings gave the bond a Ba2 rating , the New Hampshire Executive Council, which reviews major state financial actions, slammed the door with a 3-2 decision that sided with those concerned about the state's financial reputation.
cryptobusinesspolitics
✦
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in