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New Hampshire Signs Blockchain Basic Laws (HB 639): A Major Win for Crypto Innovation and Self-Custody - KuCoin

Detected July 29, 2026 · in Money Services & Money Transmitters

New Hampshire's HB 639 establishes legal recognition of blockchain records and smart contracts, and protects self-custody of digital assets. It clarifies that certain blockchain activities are not money transmission, reducing regulatory burden for crypto firms.

Aforeworn detected this change in the Money Services & Money Transmitters space on July 29, 2026 and published this briefing so affected operators are forewarned rather than caught off guard. It is rated Medium urgency. Crypto/virtual-currency firms, blockchain developers, and money services businesses operating in New Hampshire. should confirm how it applies to their specific situation before acting. There is a time constraint attached: The law takes effect 60 days after passage (exact date not specified in excerpt; confirm from official text).. Acting after that point can mean penalties, a lapsed licence, or lost eligibility — exactly the kind of surprise Aforeworn exists to prevent. Aforeworn monitors Money Services & Money Transmitters continuously and turns every detected change into a plain-English briefing like this one, so you always know first. Forewarned is forearmed.

What changed

HB 639 provides that blockchain records and smart contracts are legally valid, and that self-custody of digital assets does not constitute money transmission. It also exempts certain blockchain activities from state money transmitter licensing.

Who it affects

Crypto/virtual-currency firms, blockchain developers, and money services businesses operating in New Hampshire.

What you must do

Review your business activities to determine if they qualify for the new exemptions. Update compliance policies and licensing applications accordingly.

Deadline

The law takes effect 60 days after passage (exact date not specified in excerpt; confirm from official text).

Source: https://news.google.com/rss/articles/CBMixgFBVV95cUxNdTdTWXJyUGM1RjJUNFpVT055MVVTakFlYXdaZG1PNy1SbnAxUjNmX2lTWE4zSXlWMHFOTEw3aThBYkR4ZkZLZ29id3liMzlJanZPWHJlZHFVS3NGd1lhRzZFSWVYcW5IYjZlWDV5MUF3WFFvaTZUUkZoZW81d3pfVjVJejJMZHAycks1OXRrTG1UQUhkbWdqUXFaR2FaZXNhUXJzV0REMzBTUTZabkk3OS1IVlNTUWs4MkE1cGNXZGl4cE00WlE?oc=5

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