Category: New Hampshire

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New Hampshire Regulator Orders Cease and Desist Against Finstate Investment for Crypto Fraud

August 19, 2024

The New Hampshire Bureau of Securities Regulation has issued a cease and desist order against Finstate Investment LLC, accusing it of defrauding investors via a fraudulent cryptocurrency investment website. Finstate allegedly misrepresented account activity and offered illegal guarantees against losses. A retired New Hampshire resident, persuaded via Facebook to invest $3,526 in cryptocurrency with Finstate,…
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Coinbase crypto lobbying campaign to focus on four swing states

September 20, 2023

A poll of voters in New Hampshire, Nevada, Ohio and Pennsylvania found 55% would be less likely to vote for anti-web3 presidential candidate, said Coinbase. Crypto exchange Coinbase says it will focus its “Stand with Crypto” campaign on nine states in the U.S., including four “swing states” where voters were polled as less likely to…
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LBRY Gears Up to Contest US Securities Law Violation Ruling

September 8, 2023

In a recently filed court document, blockchain-based publishing company LBRY has signaled its intent to challenge a New Hampshire district court’s verdict. This ruling, made in November 2022, concurred with the U.S. Securities and Exchange Commission (SEC) stating that LBRY presented its digital assets as securities or investment contracts. Unregistered Crypto Securities Saga: LBRY Challenges…
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Twitter Gains Money Transmitter Licenses in Three States, Takes Steps Towards Becoming an All-in-One ‘Everything App’

July 6, 2023

Twitter made an announcement on July 5, revealing that it has been granted money transmitter licenses by three states: Missouri, Michigan, and New Hampshire. These licenses are a part of Twitter’s endeavor to secure money transmitter licenses in all 50 U.S. states. With these recent approvals, Twitter can now function as a payment provider within…
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New Hampshire could become an alternative for crypto firms moving to the Bahamas

February 9, 2023

A state commission recommended that New Hampshire eliminate the gray area in which cryptocurrency companies currently operate. New Hampshire is on the verge of becoming a national leader in cryptocurrency if its legislature follows through on recommendations made by a commission appointed by Governor Chris Sununu. The recommendations would establish a legal framework for blockchain…
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New Hampshire gov releases report on blockchain following executive order

January 19, 2023

According to the commission, New Hampshire should work towards building a legal framework “for sound development of blockchain technologies and its applications.” Chris Sununu, the governor of New Hampshire, has released the results of an investigation from a ​​commission aimed at recommending legislation around digital assets and blockchain as part of a 2022 executive order.…
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Trends Study Says Dogecoin Is the Most Googled Cryptocurrency in the US

April 5, 2022

According to a recent study analyzing Google Trends data, the cryptocurrency dogecoin’s search volume in the United States was highest in the most states as compared to other cryptos. The research also details that the leading crypto asset in terms of market capitalization, bitcoin, was the second most popular crypto asset, with ten different states. …
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NH Governor Signs Executive Order to Bring ‘Regulatory Certainty’ to Cryptocurrency Industry

February 13, 2022

The governor of the U.S. state of New Hampshire has signed an executive order establishing a commission on cryptocurrencies and digital assets. “Federal and state governments must work to bring legal and regulatory certainty to the digital asset industry because clear rules of the road foster technology and innovation,” said the governor. NH Executive Order…
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New Hampshire Governor issues executive order establishing commission to study crypto

February 10, 2022

The commission will have until Aug. 8 to submit a report including a “review and investigation regarding the current status of the cryptocurrency and digital asset industry” as well as on applicable laws in the U.S. and abroad. Chris Sununu, who has served as the Governor of New Hampshire since 2017, has established a commission…
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New Hampshire’s Second Bill to Accept Bitcoin as Tax Payment Fails

January 17, 2020

The U.S. state of New Hampshire fails to pass its second bill to accept crypto for tax payments due to the high volatility of Bitcoin. Lawmakers in the New Hampshire state legislature have killed a bill that would have allowed state agencies to accept cryptocurrencies as payment for taxes.  On Jan. 8, the New Hampshire…
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