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New Hampshire Lawmakers Reach Deal on ‘Blockchain Basics’ Bill

Source
Suehyeon Lee

Summary

  • The New Hampshire House and Senate agreed on a compromise version of HB639, the Blockchain Basics bill.
  • The bill includes protections for the right to use digital assets for payments, operating blockchain nodes, and Bitcoin mining activities.
  • It also focuses on explicitly guaranteeing individuals’ rights to engage in blockchain activity and participate in networks.

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Photo: Bitcoin Laws
Photo: Bitcoin Laws

New Hampshire has taken another step toward advancing legislation that protects rights related to blockchain activity.

Bitcoin Laws reported on May 26 that the New Hampshire House and Senate agreed on a compromise version of HB639, known as the “Blockchain Basics” bill.

The two chambers had previously passed different versions of the measure. The agreement completes the final reconciliation process.

The bill would protect the right to use digital assets for payments, operate blockchain nodes and engage in Bitcoin mining. It also focuses on explicitly guaranteeing individuals’ rights to engage in blockchain activity and participate in blockchain networks.

Suehyeon Lee

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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