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Wednesday, April 26, 2017

New Hampshire Senate Considers Bill to Deregulate Bitcoin

New Hampshire Senate Considers Bill to Deregulate Bitcoin

The day of reckoning has finally arrived, which will see whether the New Hampshire’s state Senate will pass a bill that will deregulate digital currency transactions such as bitcoin from money transmitter regulations in the state.

The bill, HB 436, was sponsored by Rep. Barbara Biggie, co-sponsored by Rep. Keith Ammon and John Hunt, all of which were early adopters of the digital currency. Early last month, it passed the House of Representatives by a vote of 185-170.

In further development of the bill’s movement, it recently passed out of the Senate Commerce Committee with a vote of 3-2, and is expected to be voted on by the full Senate today.

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