New Hampshire’s plan to issue what backers call the world’s first Bitcoin-backed municipal bond goes before the state’s Executive Council on Wednesday, the last approval the $100 million project needs before it can move forward, The Boston Globe reported today.

Governor Kelly Ayotte, who has called the effort “historic,” and the five-member council will hold a public hearing Wednesday morning at the request of James Key-Wallace, executive director of the New Hampshire Business Finance Authority. 

Key-Wallace asked the council to find the proposal feasible and beneficial to the public and to authorize the quasi-governmental agency to proceed. He has said the model…

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