New Hampshire Legislature Passes 'Blockchain Basics Act', Establishes Digital Asset and On-Chain Dispute Rules

CoinFeed July 3 news, the New Hampshire Legislature passed HB 639 'Blockchain Basics Act', confirming that individuals and businesses have the right to hold and pay with digital assets using self-custody or third-party wallets, and that state and local governments may not impose additional taxes or restrict use solely based on the payment method. The bill clarifies that node operation, personal mining, and staking one's own digital assets do not require a money transmission license, and under certain conditions, a digital asset trading platform providing staking services is not considered to be issuing or selling securities. The law also establishes a specialized 'Blockchain Dispute Docket', handled by judges with backgrounds in technology law, to deal with blockchain-related contracts, fraud, and commercial disputes, aiming to make New Hampshire a blockchain business-friendly jurisdiction.