New Hampshire blockchain bill advances, protecting self-custody and node operation

The measure cleared a conference committee and would also create a blockchain dispute docket while stating that mining and staking are not securities.

Summary

New Hampshire advanced its "Blockchain Basic Laws" measure after it cleared a conference committee yesterday. The bill would protect the right to self-custody, run nodes (computers that help validate a blockchain network), and use digital assets as payment. It would also establish a "Blockchain Dispute Docket" and clarify that mining and staking (locking crypto to support a network) are not securities.

Terms & Concepts
  • self-custody: Holding your own digital assets without an intermediary.
  • nodes: Computers that help validate and maintain a blockchain network.
  • staking: Locking crypto to support a network and earn rewards.