New Hampshire has rejected a plan to issue $100 million of bitcoin-backed bonds, a proposal that would have created what backers described as the world’s first bitcoin-collateralised municipal bond. The state’s Executive Council voted 3-2 to block the plan after it cleared a Moody’s credit-rating process. Opponents cited cryptocurrency volatility and concerns that the state would legitimise such transactions. Supporters argued bitcoin is established and said the structure would not shift risk to taxpayers.

Russia’s lower house financial markets committee approved amendments to a cryptocurrency regulation bill that drop a plan to require residents to disclose wallet addresses. The revision would instead require reporting only of holdings and transaction volumes, and it adds provisions guaranteeing judicial protection for crypto holdings regardless of past reporting. It keeps investor categories but limits non-qualified investors to high-liquidity assets and sets an annual buying cap of 300,000 roubles per regulated broker.