New Hampshire Signs "Blockchain Basic Law", Further Solidifying Its Status as a Crypto-Friendly State

According to Decrypt, New Hampshire Governor Kelly Ayotte signed HB 639, the "Blockchain Foundation Act," last week, providing comprehensive legal protection for blockchain developers, miners, validators, and crypto users, and allowing for the establishment of a specialized blockchain dispute tribunal within the Superior Court. Keith Ammon, a state representative and the bill's primary sponsor, stated that this move aims to protect the fundamental rights of individuals to control digital assets through self-custody and to provide a clear legal framework for next-generation fintech enterprises, attracting entrepreneurs, investors, and developers to the state. Previously, New Hampshire became the first state in the U.S. to pass a strategic Bitcoin reserve bill in May 2025, allowing the state treasury to invest up to 5% of public funds in Bitcoin and precious metal assets such as gold and silver.