Svmuu News: House Bill 639 (HB639) in New Hampshire has completed the registration process. The bill specifies that state and local governments may not restrict individuals from using digital assets for payments or holding assets in self-custody wallets, nor may they impose additional taxes solely for the use of digital assets. At the same time, individuals or businesses operating nodes, engaging in mining, or participating in staking activities are not required to obtain a money transmission license, and such activities are not considered the issuance or sale of securities.
The bill also authorizes the State Supreme Court to establish a “Blockchain Dispute Court” to specifically hear related civil disputes. It is reported that the bill will take effect 60 days after its passage.