New Hampshire HB639 Registered, Protecting Digital Asset Use, Self-Custody, and Blockchain Infrastructure

New Hampshire HB639 Registered, Protecting Digital Asset Use, Self-Custody, and Blockchain Infrastructure

N
News Editor
2026-07-03 14:26:30
New Hampshire House Bill HB639 was formally enrolled on July 1, setting out a state-level framework for digital asset rights and blockchain-related legal treatment. The bill says that state and local governments may not restrict individuals from using digital assets for payments or from holding assets through self-custody wallets. It also bars additional taxation solely because digital assets are used. Beyond user rights, HB639 clarifies that individuals and businesses operating nodes, mining, or staking do not need a money transmitter license, and that such activities should not be treated as the issuance or sale of securities. The bill also authorizes the state supreme court to establish a dedicated blockchain dispute court to handle related civil cases. According to the bill text, the measure will take effect 60 days after passage.
New HampshireHB639digital asset regulationself-custodyminingstakingblockchain dispute court

Key provisions after HB639 completed enrollment

New Hampshire House Bill HB639 completed the enrollment process on July 1. Under the bill, state and local governments may not restrict an individual’s use of digital assets for payments, and they may not prevent individuals from holding assets through self-custody wallets. The bill also states that the use of digital assets cannot be singled out for additional taxation.

Clearer legal treatment for nodes, mining, and staking

HB639 further provides that individuals or businesses operating nodes, engaging in mining, or participating in staking do not need to obtain a money transmitter license. It also specifies that these activities are not to be treated as the issuance or sale of securities. In practice, this draws a clearer compliance boundary at the state level for blockchain infrastructure participants and service operators.

A dedicated blockchain dispute court

Beyond digital asset usage rights and licensing treatment, the bill authorizes the New Hampshire Supreme Court to establish a dedicated blockchain dispute court to hear related civil disputes. According to the bill text, the measure will take effect 60 days after passage. Source text is available via LegiScan: https://legiscan.com/NH/text/HB639/2026?__cf_chl_f_tk=eKpLU5zLNxqlWTFWqsB4K6qNVa1EhHHGFiNIMXJO.eg-1783088675-1.0.1.1-RB38aZhRsQ_UqQOhBnR60hkNXXzuWpCEZfrpfO4Aq1s。

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