Bill > HB310

This bill establishes a commission in New Hampshire to study and develop a potential regulatory framework for stable tokens and tokenized real-world assets (RWAs), which are blockchain-based digital representations of physical assets like real estate or commodities. The commission will consist of nine members, including state legislators, the banking commissioner, industry representatives from blockchain and banking sectors, and an academic expert in financial regulation or blockchain technology. The commission's key responsibilities include examining the current regulatory landscape for stable tokens and RWAs both within and outside New Hampshire, analyzing legal and technological considerations, identifying best practices from other jurisdictions, assessing potential benefits and risks, exploring consumer protection mechanisms, and evaluating economic opportunities related to blockchain technology. The commission is required to hold its first meeting within 30 days of the bill's effective date and must submit a comprehensive report with findings and legislative recommendations to various state officials by November 1, 2025. Legislative members will receive standard mileage reimbursement, and the commission will be automatically repealed after submitting its report, ensuring a time-limited and focused study of this emerging digital asset technology.

Business and Industry

https://gc.nh.gov/bill_status/legacy/bs2016/bill_status.aspx?lsr=0478&sy=2025&sortoption=&txtsessionyear=2025&txtbillnumber=HB310