Bullish
New Hampshire Enacts HB 639 to Strengthen Bitcoin and Digital Asset Legal Protections
2026-07-29 20:09:39
Governor Ayotte signs HB 639, securing self-custody rights, banning discriminatory crypto taxes, and exempting miners from licensing, enhancing regulatory clarity for the sector.
Woofun AI reports that New Hampshire Governor Kelly Ayotte has signed HB 639 into law, establishing enhanced legal protections for Bitcoin and other digital assets. The legislation safeguards self-custody rights, prohibits state and local governments from restricting blockchain usage, and bans discriminatory taxes on cryptocurrency purchases.
Additionally, the law exempts miners from money transmitter licensing requirements and creates a dedicated court docket for resolving blockchain disputes, thereby solidifying legal certainty for users and industry participants.
WOOFUN AI
Impact Assessment · Quick Read
This legislative action reduces regulatory friction for Bitcoin miners and holders in New Hampshire by clarifying licensing and tax obligations. By explicitly protecting self-custody and restricting government interference, the law may encourage institutional adoption and mining operations in the state, serving as a potential model for other jurisdictions seeking to balance oversight with industry growth.
Generated by WOOFUN AI · For reference only, not investment advice
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