New Hampshire Gov. Ayotte signs Blockchain Basic Laws bill

The new law protects crypto self-custody, mining, staking and node operation, while barring extra taxes on digital asset payments.

Summary

New Hampshire Gov. Ayotte has signed "The Blockchain Basic Laws" into law, creating state-level protections for crypto self-custody, mining, staking (locking crypto to earn rewards) and node operation (running software that helps validate a blockchain network). The measure also bars extra taxes on digital asset payments, marking a policy move aimed at shielding core cryptocurrency activities from additional state-level burdens.

Terms & Concepts
  • self-custody: Holding crypto directly without a third-party custodian.
  • staking: Locking crypto to help secure a network and earn rewards.
  • node operation: Running blockchain software that helps verify and relay network data.