New Hampshire protects all cryptocurrencies from regulation!

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New Hampshire’s new governor John Sununu signed a bill, HB 436, which makes NH the first state to explicitly protect cryptocurrency like Bitcoin from regulation!

This is a historic day and this move clearly positions New Hampshire as the most bitcoin-friendly state in the United States. NH was already the #1 most free state according to the “Freedom in the 50 States” study and this makes it even more free.

NH’s new cryptocurrency protection language is very simple and clear. It adds an entry to the money transmitter statutes that exempts:
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 transmission to another location.
New Hampshire also now stands in even more stark contrast to New York, the least free state, since New York a couple years ago did the opposite and attacked cryptocurrency businesses with their oppressive “bitlicense”, which drove bitcoin businesses out of NY. Now those businesses can escape safely to NH as this just-passed bill offers them a safe haven from the ravaging, destructive effects of government interference.

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