New Hampshire Senate Delays Crypto Mining Deregulation Bill Amid Public Concerns
New Hampshire Senate Delays Crypto Mining Deregulation Bill Amid Public Concerns

New Hampshire Senate Delays Crypto Mining Deregulation Bill Amid Public Concerns

News summary

New Hampshire's Senate Commerce Committee has stalled House Bill 639, a proposal to deregulate cryptocurrency mining by preventing local restrictions on energy use and noise, and prohibiting unique taxes on digital assets, sending it for further study amid strong public opposition. The bill, sponsored by Republican Representative Keith Ammon, also aims to create a dedicated blockchain docket in the state Superior Court for crypto disputes. Public response has been intense, with Senator Tara Reardon noting unprecedented constituent feedback, highlighting the polarized views between those supporting technological investment and those concerned about environmental impacts. Meanwhile, at the federal level, Republican senators are pushing forward with efforts to pass comprehensive digital asset legislation before the 2026 midterm elections despite ongoing government budget deadlocks. Senate Agriculture Committee Chair John Boozman and the Banking Committee are working toward bipartisan agreements, with optimism that President Trump will sign such legislation. This federal momentum contrasts with the state-level hesitations, underscoring a complex regulatory landscape for cryptocurrency mining and governance in the U.S.

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