New Hampshire's Bitcoin-Backed Bond: First of Its Kind

New Hampshires Business Finance Authority issues first bitcoin-backed bond, rated Ba2 by Moodys, with BitGo handling bitcoin collateral. The bond is overcollateralized and limited recourse, with Moodys highlighting bitcoins volatility as the main risk. The Labor Department proposes rules to allow digital assets in retirement portfolios, signaling cryptos growing integration into the financial system. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/e1eca9c452d123c3