Moody's ratin2026-07-23 19:45:15New Hampshire's Bitcoin-Backed Bond Scores Ba2 From Moody's, 160% Collateral Aims to Cushion VolatilityMoody's assigns first-ever speculative-grade Ba2 rating to a $100 million Bitcoin-backed municipal bond from New Hampshire, citing price volatility as the dominant risk despite 160% overcollateralization and automatic liquidation triggers.700
Texas2026-07-03 00:00:14Texas Buys $5M of BlackRock's Spot Bitcoin ETF for State Strategic ReserveOn November 20, 2026, Texas became the first U.S. state to purchase Bitcoin for its Strategic Reserve, acquiring $5 million through BlackRock's iShares Bitcoin Trust (IBIT) at approximately $87,000 per BTC. Disclosed by Texas Blockchain Council President Lee Bratcher, the move signals growing state-level interest in Bitcoin as a reserve asset. The state is concurrently developing self-custody plans. Institutional investors are following suit: Harvard University tripled its IBIT holdings to $442.8 million, and Emory University and Abu Dhabi's Al Warda Investments also increased exposure. New Hampshire recently approved a $100 million Bitcoin-backed municipal bond, while Arizona and others explore similar reserves.590
Bit Bond2026-07-02 21:45:14New York City Mayor Eric Adams Announces Bit Bond, Plans to Use Bitcoin Blockchain for Birth Certificates and Tax PaymentsAt the 2025 Bitcoin Conference in Las Vegas, New York City Mayor Eric Adams declared that the city will issue a Bit Bond — a financial instrument designed for Bitcoin holders. He called on crypto businesses that fled due to overregulation to return, vowing to eliminate the BitLicense regime. Adams also outlined plans to use the Bitcoin blockchain for birth certificate records and to accept Bitcoin for fines and taxes. These moves aim to position New York as a global hub for cryptocurrency innovation, reversing its previously hostile regulatory stance.640
