Sununu launches cryptocurrency commission to study industry and recommend policies

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Photo by Pierre Borthiry

Story Produced by New Hampshire Public Radio, a Member of


CONCORD, NH โ€“ Gov. Chris Sununu is creating a commission to evaluate state and federal laws surrounding cryptocurrencies and make recommendations for how the digital currency industry can be regulated while encouraging innovation.

In an executive order released Feb. 9, Sununu said the state and federal government โ€œmust work to bring legal and regulatory certaintyโ€ to the burgeoning industry.

โ€œItโ€™s complex, it is very interesting,โ€ said Sununu Wednesday during the stateโ€™s coronavirus press conference. โ€œA lot of people are buying and selling it on the market, but it is a currency that doesnโ€™t have a whole lot of regulation around it.โ€

Sununu added that he himself doesnโ€™t own any cryptocurrency.

โ€œNo, Iโ€™ve never bought any bitcoin, or dogecoin or anything like that,โ€ he said.

The commission members will include appointees by Sununu as well as lawmakers, the state Attorney General, bankers, as well as members of the public.

The group is expected to hold public hearings, and produce a final report within 180 days with recommendations for policy or legislative changes.


These articles are being shared by partners in The Granite State News Collaborative. For more information visit collaborativenh.org.


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