BlockBeats News, July 10th, The Executive Council of New Hampshire, USA, voted 3-2 to reject a $100 million state government Bitcoin bond project, terminating the initiative for the state's first government-endorsed Bitcoin-backed bond. The bond was issued by the New Hampshire Business Finance Authority, backed by Bitcoin mining firm and data center company CleanSpark, with a Ba2 rating from Moody's several months ago.

New Hampshire House Majority Leader Keith Ammon called it a "extremely short-sighted decision" and stated that members of the Executive Council are in an election year, with just one vote needed to reverse the outcome, "We will not give up." New Hampshire became the first state to establish a cryptocurrency reserve last year, ahead of ongoing federal efforts.