NH Governor Signs Crypto-Friendly Bill Overriding Local Control
New Hampshire has long been known for its community-driven decision-making process, where local people make decisions about their own communities.
However, with the signing of HB 639 into law by Governor Ayotte, this principle is being abandoned in favor of special-interest groups, particularly those in the cryptocurrency industry.
The bill creates a unique set of protections and privileges for cryptocurrency companies that do not apply to any other industry in New Hampshire. It also establishes a specialized blockchain court docket, limits certain consumer protections, and sends a clear message that out-of-state corporations have more power than local communities.
This is particularly concerning for the people of Nottingham, who recently faced a data center proposed for their backyard. The question they should be asking is: if cryptocurrency companies are as beneficial as supporters claim, why do they need their own set of rules and a dedicated court docket?