New Hampshire Follows Bitcoin Reserve With 'Blockchain Basic Laws' Signing
DECRYPT ·
New Hampshire's governor signed the Blockchain Basics Law, introducing new protections for blockchain innovation and crypto users in the state. Last year, the state became the first in the nation to introduce a strategic Bitcoin reserve, allowing for up to 5% of public funds to be invested in the leading crypto asset. However, its executive council recently rejected the allowance of the first Bitcoin-backed municipal bond. New Hampshire Governor Kelly Ayotte helped make the state into one of the crypto-friendliest in the nation when she signed HB 639 into law last week. Known as the The Blockchain Basic Laws act, the bill provides protections for cryptocurrency innovation and use in the state while also allowing for the creation of a special blockchain dispute docket in the superior court. "With Governor Ayotte's signature on HB 639, New Hampshire has once again demonstrated that it intends to lead the nation in blockchain innovation," said New Hampshire Representative Keith Ammon, the bill’s primary sponsor, in a statement. “The Blockchain Basic Laws protect one of the most fundamental rights in the digital economy—the right of individuals to control their own digital assets through self-custody,” he added. “They also provide clear legal protections for blockchain developers, miners, validators, entrepreneurs, and businesses building the next generation of financial technology.”
AI 시장 분석
New Hampshire has signed the ‘Blockchain Base Act’ alongside Bitcoin. The state aims to encourage blockchain technology and attract investors through this legislation. This act is expected to positively impact blockchain-based businesses and investments.
상승 영향
- Blockchain — New Hampshire's Blockchain Base Act is expected to positively impact blockchain-based businesses and investments. The act will serve as a tool to attract investors and will help promote blockchain technology.
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