New Hampshire Pioneers Bitcoin-Backed Municipal Bonds

New Hampshire’s Business Finance Authority (BFA) approved the issuance of a groundbreaking $100 million conduit municipal bond backed by Bitcoin, marking the first such structure at the U.S. state level. This innovative financial instrument allows borrowers to raise capital by posting Bitcoin as collateral under traditional municipal bond regulations, without exposing the state or taxpayers […] The post New Hampshire Pioneers Bitcoin-Backed Municipal Bonds appeared first on Tekedia.

New Hampshire Pioneers Bitcoin-Backed Municipal Bonds

New Hampshire’s Business Finance Authority (BFA) approved the issuance of a groundbreaking $100 million conduit municipal bond backed by Bitcoin, marking the first such structure at the U.S. state level. This innovative financial instrument allows borrowers to raise capital by posting Bitcoin as collateral under traditional municipal bond regulations, without exposing the state or taxpayers […]

The post New Hampshire Pioneers Bitcoin-Backed Municipal Bonds appeared first on Tekedia.

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