Innovation Needs Neighbors: The Compromise New Hampshire Must Write

• New Hampshire Senate panel sends crypto mining deregulation bill for further review
• The 4-2 vote to delay HB 639 came after “unusually high” public backlash
• Lawmakers cited constituent concerns over mining noise, energy use, and local zoning

The New Hampshire Senate Commerce Committee has voted to delay a key crypto deregulation bill. The committee voted 4-2 on Thursday to send House Bill 639 for “further study.” This decision leaves the bill’s future uncertain until the next legislative session.

What Is House Bill 639?

According to the report, 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 …

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