New Hampshire House Bill HB639 completed its enrollment process on July 1, establishing a clearer legal framework for digital asset use and blockchain-related activities at the state level. The bill bars state and local governments from restricting an individual’s ability to use digital assets for payments or to hold assets through self-custody wallets. It also prohibits additional taxation based solely on the use of digital assets. In addition, HB639 states that individuals and businesses operating nodes, mining, or staking are not required to obtain money transmitter licenses, and that such activities do not constitute the issuance or sale of securities. The bill also authorizes the state supreme court to establish a dedicated blockchain dispute court to hear relevant civil cases. According to the bill text, the measure takes effect 60 days after passage.
Core provisions after HB639 completed enrollment
New Hampshire House Bill HB639 completed its enrollment process on July 1. Under the bill, state and local governments may not restrict an individual from using digital assets for payments, and they may not interfere with a person’s ability to hold and manage assets through a self-custody wallet. The text also states that governments may not impose additional taxes solely because digital assets are used in a transaction or held in this manner.
Compliance treatment for nodes, mining, and staking
HB639 further clarifies that individuals or businesses operating blockchain nodes, mining, or staking do not need to obtain a money transmitter license for those activities. The bill also specifies that these activities are not to be treated as the issuance or sale of securities. This language provides a more defined state-level compliance perimeter for infrastructure operators and onchain service participants.
A dedicated court for blockchain-related civil disputes
Beyond activity-specific protections, the bill authorizes the New Hampshire Supreme Court to establish a dedicated “blockchain dispute court” to hear relevant civil matters. According to the bill’s terms, the measure will take effect 60 days after passage. The source text is available through the public LegiScan record linked below.
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