New Hampshire Senate Rift Deepens, Cryptocurrency Mining Regulation Relaxation Bill Stalled

BlockBeats News, November 1st. According to Cointelegraph, the New Hampshire state Senate Commerce Committee voted on Thursday on a bill aimed at relaxing cryptocurrency mining regulations, but it was deadlocked due to a split vote. Several senators noted a significant increase in public feedback on the bill since the last debate.

The committee reached an impasse in both advancing and rejecting the bill, ultimately deciding with a 4-2 vote to refer the proposal for "interim study" for further review.

The proposal, known as House Bill 639, seeks to prohibit local government officials from imposing restrictions on cryptocurrency mining activities, such as regulations on electricity usage or noise; it also prohibits state or municipal governments from levying special taxes on digital assets.