New Hampshire Pioneers Bitcoin Adoption with Historic HB 302 Legislation: A Model for State Currency Policies

By: en coinotag|2025/05/07 01:15:01
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On May 7th, New Hampshire achieved a significant milestone by enacting HB 302, thereby becoming the first U.S. state to endorse a “live free or die” currency policy framework. This legislation implements the Satoshi Action’s Strategic Bitcoin Reserve (SBR) Model Act, allowing the state treasury to acquire **Bitcoin** and other **top-tier digital assets**. The bill empowers the government to invest up to **$5 billion in Bitcoin**, though with a prudent limit of 5% of the state’s total portfolio, ensuring that **Bitcoin** serves as a supplement rather than the sole focus of the state’s investments. The legislation mandates stringent regulatory standards for custody, stipulating that assets must be secured through state-controlled multi-signature wallets or U.S. exchange-traded products, thereby enhancing **transparency** and **security**. Implementing this framework within 60 days post-enactment offers a definitive operational guideline for the reserve. Dennis Porter, CEO of Satoshi Action, remarked that this proactive legislation not only creates a vital precedent but also liberates other state treasurers to adopt similar measures centered around **Bitcoin**, igniting a broader movement toward financial **innovation** and security. Satoshi Action, a leading nonprofit organization, champions **Bitcoin** education among policymakers. Their successful advocacy has led to six pro-**Bitcoin** laws and the introduction of more than 20 Strategic Bitcoin Reserve initiatives, demonstrating a fervent commitment to fostering informed and constructive discussions surrounding **digital asset policy**.

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WEEX P2P update: Country/region restrictions for ad posting

To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.

 

I. Overview

When publishing P2P ads, advertisers can now set the following:

Allow only counterparties from selected countries or regions to trade with your ads.

With this feature, you can:

Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.

 

II. Applicable scenarios

The following are some common scenarios:

Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.

 

III. How to get started

On the ad posting page, find "Trading requirements":

Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.

 

When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:

If you encounter this issue when placing an order as a regular user, try the following solutions.

Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.

 

IV. Benefits

Compared with ads without country/region restrictions, this feature provides the following improvements.

Aspect

Improvement

Trading security

Reduces abnormal orders and fraud risk

Conversion efficiency

Matches ads with more relevant users

Order completion rate

Reduces failures caused by incompatible payment methods

V. FAQ

Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.

 

Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.

 

Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.

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