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House hearing probes stable tokens, tokenized real‑world assets and a proposed study commission
Summary
Representative Keith Ammon asked lawmakers to create a study commission to recommend a New Hampshire legal framework for stable tokens and tokenized real‑world assets.
Representative Keith Ammon introduced House Bill 310 on behalf of sponsors, asking the Commerce and Consumer Affairs Committee to create a study commission to develop a New Hampshire legal framework for issuers of stable tokens and tokenized real‑world assets.
The bill would not itself charter a state stablecoin but would direct appointed experts to recommend what state law should require of issuers who back digital tokens with U.S. dollars, treasury securities or tangible assets such as gold or real estate. Ammon told the committee the goal is to position the state to respond to a rapidly evolving federal and private‑sector landscape.
Why it matters: tokenization and stablecoins already move large volumes of value across borders and are attracting attention from banks and investment firms. Supporters say a state‑level study can clarify consumer protections, auditing requirements and the interaction with federal law.…
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