Key provisions in HB639 after 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 from using digital assets for payments, and they also may not restrict a person from holding assets through a self-custody wallet. The bill further provides that governments may not impose additional taxes solely because a person uses digital assets. Taken together, these provisions define a clearer state-level boundary around the lawful use, possession, and payment utility of digital assets.
Licensing and securities treatment for blockchain activity
HB639 also addresses operational activity tied to blockchain networks. It states that individuals or businesses running nodes, mining, or staking would not need to obtain a money transmitter license. In addition, those activities would not be considered the issuance or sale of securities. This language gives more explicit treatment to several categories of infrastructure participation, including node operation, mining activity, and staking, without classifying them under money transmission or securities issuance at the state level.
Dedicated court for blockchain-related civil disputes
Beyond payment and operational rights, the bill authorizes the New Hampshire Supreme Court to establish a dedicated blockchain dispute court for related civil matters. According to the bill text, the measure will take effect 60 days after passage. The source document is available through the cited LegiScan legislative page. This part of the bill is notable because it adds a judicial mechanism specifically designed to process blockchain-related civil disputes within the state framework.