
Updates
George Georgiades Weighs in on New Hampshire’s Bold Crypto Law on Cryptonews
May 21, 2025
New Hampshire just became the first U.S. state to allow its treasury to invest public funds in Bitcoin—up to 5%—through a newly signed law. As states like Texas and Wyoming eye similar legislation, the national conversation around digital asset reserves is accelerating.
Our General Counsel at Borderless.xyz, George Georgiades, weighed in with a sharp legal perspective in Cryptonews, noting that the law marks a departure from a pure value-preservation model:
“NH’s new law…diverges from the original vision of a Bitcoin sovereign reserve,” George said. “Holdings appear to go beyond BTC to include non-fully decentralized assets.”
George’s commentary reflects a growing concern among legal and crypto experts: that state-level digital asset strategies may shift from secure reserves to speculative investments. His insight reinforces the need for clarity, decentralization, and responsible custodianship as public institutions step into the digital asset space.