This bill establishes a commission in New Hampshire tasked with studying the creation of a regulatory framework for stable tokens, tokenized real-world assets (RWAs), and blockchain-based trusts. The commission will analyze the current regulatory landscape, legal and technological considerations, best practices from other jurisdictions, and the potential benefits and risks associated with these digital assets. It will also explore mechanisms for consumer protection and economic opportunities related to blockchain technology. The commission will consist of various members, including representatives from the House and Senate, the banking department, the attorney general's office, and industry experts, with the first meeting scheduled within 30 days of the bill's passage.
Additionally, the bill includes a provision for the repeal of RSA 383:26 and its associated subdivision heading, which pertains to the commission's previous framework. The commission is required to report its findings and recommendations for proposed legislation by November 1, 2026, while the rest of the act will take effect upon its passage. The bill aims to foster innovation and job creation in the blockchain sector while ensuring appropriate regulatory oversight.
Statutes affected: Introduced: 383:26
As Amended by the House: 383:26