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Bill > HB639


NH HB639

NH HB639
Relative to the use of and disputes over blockchain and digital currencies.


summary

Introduced
01/16/2025
In Committee
03/05/2026
Crossed Over
04/11/2025
Passed
Dead

Introduced Session

2025 Regular Session

Bill Summary

This bill: I. Creates an act to protect blockchain technology and its users. II. Establishes a blockchain dispute docket to oversee blockchain-related disputes.

AI Summary

This bill, titled "The Blockchain Basic Laws," aims to protect blockchain technology and its users by establishing clear definitions for terms like "blockchain," "digital asset," and "smart contract," and by outlining specific rights and protections related to their use. It prohibits state and local governments from restricting individuals' ability to use digital assets for purchases, self-custody them in wallets, or use them as a payment method without additional taxes. The bill also clarifies that operating a node, engaging in digital asset mining or staking, or providing related services does not require a money transmitter license or classify these activities as securities, thereby exempting them from certain regulations. Furthermore, it introduces a specialized "blockchain dispute docket" within the superior court, starting January 1, 2026, to handle complex legal disputes involving blockchain technology, with a presiding justice appointed based on expertise in law and technology. This initiative seeks to make New Hampshire an attractive jurisdiction for blockchain innovation while safeguarding consumers and investors.

Committee Categories

Budget and Finance, Business and Industry

Sponsors (7)

Last Action

Committee Report: Ought to Pass with Amendment # 2026-1048s, 03/12/2026; Vote 6-1; Consent Calendar; Senate Calendar 9 (on 03/05/2026)

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