Deep Tide TechFlow message: On July 3, in the U.S. state of New Hampshire, House Bill HB639 completed the registration process on July 1. The bill clearly states that state and local governments may not restrict individuals from using digital assets for payments or from holding assets through self-custody wallets, nor may they impose additional taxes solely because an individual uses digital assets. Meanwhile, individuals or businesses operating nodes, conducting mining, or participating in staking activities do not need to obtain a money transmission license, and related actions are not considered the issuance or sale of securities. The bill also authorizes the state Supreme Court to establish a “blockchain dispute tribunal” to specifically hear relevant civil disputes. The bill will take effect 60 days after it is passed.

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