New Hampshire Cryptocurrency Laws
Regulation of New Hampshire Digital Currencies: Cryptocurrency, Bitcoins, Blockchain Technology
|Jurisdictions||Proposed Laws & Regulations||Enacted Laws & Regulations||Laws & Regulations Not Passed|
|New Hampshire||A bill introduced in January 2019 would require the state treasurer to “develop an implementation plan for the state to accept cryptocurrencies as payment for taxes and fees beginning July 1, 2020.” H.B. 470, Gen. Court, 166th Sess. (N.H. 2019).
|New Hampshire has amended its Money Transmitter statute (NH St. § 399-G:3) to exempt “persons who engage in the business of selling or issuing payment instruments or stored value solely in the form of convertible virtual currency or receive convertible virtual currency for transactions to another location” from the state’s money transmission regulation.||The New Hampshire House accepted a motion from the General Court’s Executive Departments and Administration Committee saying that a tax bill that would have allowed New Hampshire taxpayers to pay in virtual currency was “inexpedient to legislate.” Consequently, this removed H.B. 470 from the house floor before it reached a vote.|
New Hampshire Cryptocurrency and Blockchain Attorneys
Is cryptocurrency legal in New Hampshire? Do you have Cryptocurrency or Blockchain Issues or questions? Freeman Law is an innovative thought leader in the blockchain and cryptocurrency space. Blockchain and virtual currency activities take place in a rapidly evolving regulatory landscape.
We are dedicated to staying at the forefront as these emerging technologies continue to revolutionize social and economic activities. Contact us to Schedule a consultation or call (214) 984-3410 to discuss your cryptocurrency and blockchain technology concerns.