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The Polylog Crypto Intelligence Brief

Morning Edition · Wednesday, July 8, 2026

New Hampshire Weighs a $100 Million Bitcoin-Backed Bond as the Federal Reserve Plan Stalls

The state's Executive Council votes Wednesday on a first-of-its-kind municipal instrument, even as a Treasury and Commerce jurisdictional dispute delays the proposed national Bitcoin reserve.

New Hampshire Weighs a $100 Million Bitcoin-Backed Bond as the Federal Reserve Plan Stalls

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Governments Test Bitcoin on Public Balance Sheets

State and national authorities keep proposing to hold or borrow against Bitcoin, and the recurring obstacle is custody, oversight and volatility management rather than political appetite.