HB639 formally enrolled with defined protections for digital asset use
New Hampshire House Bill HB639 completed the enrollment process on July 1. Under the bill, neither state nor local governments may restrict an individual’s use of digital assets for payments. The legislation also bars restrictions on holding assets through self-custody wallets, reinforcing legal protection for direct control of digital assets.
The bill further states that state and local authorities may not impose additional taxes solely because digital assets are used. In the same framework, individuals and businesses that operate nodes, engage in mining, or participate in staking would not be required to obtain money transmitter licenses. The bill also specifies that these activities are not to be treated as the issuance or sale of securities.
Specialized blockchain disputes court authorized under the bill
Beyond user rights and operational exemptions, HB639 authorizes the New Hampshire Supreme Court to establish a dedicated blockchain disputes court. The court would be designed to hear blockchain-related civil disputes, creating a more specialized judicial venue for conflicts tied to digital assets, self-custody, node operations, mining, and staking.
According to the bill text, HB639 will take effect 60 days after passage. Source: the New Hampshire bill text page on LegiScan.