New Hampshire Governor Kelly Ayotte has signed HB 639, known as the Blockchain Basics Act, according to Decrypt. The measure gives legal protections to crypto users, miners, validators and developers in the state, and also allows the superior court to create a docket for blockchain-related disputes. State Representative Keith Ammon, the bill’s prime sponsor, said the law protects the right of individuals to control digital assets through self-custody and sets clearer legal guardrails for blockchain developers, miners, validators and fintech firms. The move adds to New Hampshire’s recent crypto policy activity. In May last year, the state passed a strategic Bitcoin reserve bill that allows the state treasurer to invest up to 5% of public funds in Bitcoin as well as precious metals including gold and silver. Still, the state’s executive council rejected a proposal last week that would have allowed Bitcoin-backed municipal bonds.
New Hampshire Governor Kelly Ayotte has signed HB 639, the Blockchain Basics Act, Decrypt reported. The law provides legal protections for crypto users, miners, validators and developers in the state.
The bill also allows the superior court to create a docket for blockchain disputes. Keith Ammon, the bill’s prime sponsor and a state representative, said the measure protects the right of individuals to control digital assets through self-custody and gives clearer legal protection to blockchain developers, miners, validators and fintech companies.
New Hampshire had already passed a strategic Bitcoin reserve bill in May last year, allowing the state treasurer to invest as much as 5% of public funds in Bitcoin and precious metals such as gold and silver. But the state executive council rejected a proposal last week that would have allowed Bitcoin-backed municipal bonds.
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