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New Hampshire signs Blockchain Foundation Act HB 639 after Bitcoin Reserve Act

2026-07-14 12:02:57
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The Governor of New Hampshire signs the Basic Law on Blockchain to provide new legal protection for cryptocurrency users

New Hampshire Governor Kelly Ayotte signed Bill HB639, the Basic Law on Blockchain, which provides new legal protection for the state's cryptocurrency users, miners and verifiers, and establishes a special court file to handle blockchain-related disputes. The newly signed law gives the state's cryptocurrency industry a clearer legal foundation than in most parts of the United States.

According to Rep. Keith Amon, the bill's main sponsor, the law, which came into effect last week, protects the right of individuals to hold digital assets through self-custody and also provides a legal umbrella for developers, miners and businesses developing on the public chain.

New Hampshire explores novel blockchain concepts

A more specific provision in the law allows the New Hampshire Supreme Court to establish a file specifically to handle blockchain-related disputes. This specialized case file assigns cases involving digital assets to judges familiar with the field, rather than randomly assigning them to the ordinary civil case calendar.

Rep. Keith Amon said the newly signed law conveyed clear intent. "With Governor Ayotte signing HB639, New Hampshire has once again demonstrated its determination to lead the country's blockchain innovation," he said in a statement.

He added that the law protects "the right of individuals to control their own digital assets through self-custody" and provides "clear legal protection for blockchain developers, miners, validators, entrepreneurs and businesses."

In a message released on July 13, the New Hampshire Blockchain Commission called it "another historic day for New Hampshire" and described the state as "one of the strongest legal frameworks in the country, home to protecting blockchain innovation and digital asset rights."

The Blockchain Basic Law follows the Strategic Bitcoin Reserve Act

The signing of HB639 comes more than a year after the state's other innovative move in the cryptocurrency space. In May 2025, Ayotte signed a Strategic Bitcoin Reserve Act that allows state finance ministers to invest up to 5% of public funds in Bitcoin, as well as precious metals such as gold and silver.

Representative Amon, who was also involved in the Bitcoin Reserve Bill, said at the time that it was "a small way for our state to fight inflation in the future."

However, not all cryptocurrency bills in the state have been approved and signed. Last week, the New Hampshire Executive Committee vetoed a plan that would have allowed the New Hampshire Commercial Finance Bureau to promote bitcoin-backed municipal bonds.

The veto blocked the state's first such bond issuance and reminded people that the 5% limit in the Bitcoin Reserve Act does not mean that any Bitcoin product proposed by officials can be passed.

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