This bill introduces a new chapter titled "Blockchain Basic Laws" into New Hampshire's legal framework, aimed at protecting blockchain technology and its users. It seeks to enhance investor and consumer confidence by clarifying the legal status of blockchain technologies and promoting the state as a favorable jurisdiction for blockchain innovation. Key provisions include definitions of blockchain-related terms, the establishment of a "Blockchain Dispute Docket" within the superior court system to handle disputes related to blockchain technology, and protections for individuals and businesses involved in blockchain activities, such as digital asset mining and operating nodes. Notably, the bill prohibits state and local government agencies from restricting the use of digital assets for purchasing goods and services, self-custody of digital assets, and using digital assets as a payment method without imposing taxes or charges.
Furthermore, the bill exempts individuals and businesses engaged in home digital asset mining from needing a money transmitter license and clarifies that such activities do not constitute the offering or selling of securities. It allows the supreme court to create the Blockchain Dispute Docket, which will have jurisdiction over cases involving blockchain technology, and mandates the appointment of a presiding justice with relevant expertise. Additionally, the bill includes a provision for awarding reasonable attorney's fees to prevailing parties in claims under this chapter if the defendant is found to have engaged in a purposeful violation. A severability clause is also included to ensure the remaining provisions remain effective if any part is deemed invalid. The act is set to take effect 60 days after passage, with an effective date of September 8, 2026.