The New Hampshire Senate Commerce Committee has voted to delay a key crypto deregulation bill. The committee voted 4-2 on Thursday to send for “further study.” This decision leaves the bill’s future uncertain until the next legislative session.
The New Hampshire Senate Commerce Committee has voted to delay a key crypto deregulation bill. The committee voted 4-2 on Thursday to send for “further study.” This decision leaves the bill’s future uncertain until the next legislative session.
According to the , House Bill 639 aims to prevent municipalities from imposing regulations targeting crypto mining operations, such as noise ordinances or zoning limits that apply solely to digital asset facilities.
The measure would also prohibit unique taxes on digital currencies or blockchain transactions. Furthermore, it establishes a dedicated blockchain dispute docket within the state’s superior court system, to be overseen by a governor-appointed justice.
Committee members cited an “unusually high volume” of public feedback as the key factor in the delay. Several senators reported receiving more calls about this proposal than any other bill this year. Sen. Tara Reardon of Concord said residents expressed concerns over noise, energy use, and the loss of local zoning control.
Environmental groups, including the New Hampshire Network, have warned that crypto mining can consume large amounts of electricity and water. Lawmakers also referenced developments in Arkansas. That state previously adopted similar legislation but later added new restrictions in response to noise complaints.
Rep. Keith Ammon, the bill’s primary sponsor, has argued that the proposal would safeguard innovation and prevent discrimination against blockchain businesses.
In addition, supporters, including Sen. Keith Murphy of Manchester, contend that the bill would signal that New Hampshire remains open to emerging technology sectors.
