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Two More US States Eye Bitcoin Reserves, While Kenya Ramps Up Efforts to Legalise Cryptocurrencies

  • New Hampshire has introduced legislation allowing up to 10% of state treasury investments in cryptocurrencies, focusing on Bitcoin and select stablecoins with substantial market presence.
  • North Dakota has proposed Resolution 3001 to diversify state investments into digital assets and precious metals, reflecting adaptation to evolving economic conditions.
  • Kenya is transitioning from its historically cautious stance on cryptocurrencies to developing comprehensive regulations, launching a draft policy for virtual assets while addressing security concerns.
  • The US states of New Hampshire and North Dakota are considering investing in Bitcoin and other cryptocurrencies. Kenya is also working towards legalizing cryptocurrencies and creating a regulatory framework to leverage the benefits while managing risks.

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