HB639 completes enrollment and outlines digital asset protections
New Hampshire House Bill HB639 completed its enrollment process on July 1. Under the bill, state and local governments may not restrict individuals from using digital assets for payments, and they may not limit the use of self-custody wallets for holding digital assets. The bill also says that governments may not impose additional taxes simply because a person or entity uses digital assets.
Node operation, mining, and staking receive licensing clarity
HB639 further provides that individuals or businesses operating nodes, mining, or staking are not required to obtain a money transmitter license. The bill also specifies that these activities should not be treated as the issuance or sale of securities. The language gives clearer state-level legal treatment for blockchain infrastructure activity and validator-related operations.
State Supreme Court authorized to create a blockchain disputes court
In addition, HB639 authorizes the New Hampshire Supreme Court to establish a dedicated blockchain disputes court to hear blockchain-related civil disputes. According to the bill text, the measure will take effect 60 days after passage. The source text is available through the public legislative record on LegiScan.