New Mexico
Bitcoin States
New Mexico introduced HB 76 in 2024 to authorize the state treasurer to invest a portion of funds in Bitcoin, joining a growing list of states pursuing Bitcoin treasury strategies. The state has significant renewable energy resources including solar and wind that attract Bitcoin mining interest. New Mexico does not currently have specific digital asset licensing beyond federal requirements.
Details
- State
- New Mexico
- Known For
- HB 76 Bitcoin treasury bill (2024), solar and wind energy for mining
- Income Tax
- Yes
- Abbreviation
- NM
- Notable Legislation
- HB 76 (2024) - Bitcoin treasury investment bill
- Bitcoin Mining Rights
- Yes
- Bitcoin Friendly Score
- medium
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