New Hampshire (NH)
Money transmission and virtual currency licensing planning data for New Hampshire.
Population weight (planning): 0.41% · Back to matrix · Launch map
How to read this page: confirmed cells are checked against a primary regulatory source and dated. Under review marks a cell where primary sources conflict or a figure awaits confirmation.
MTL required
Yes for the fiat-touching side. A convertible virtual currency only business is exempted from RSA 399-G by section 399-G:3(VII), but a CVC exchange with a fiat on or off ramp receives money for transmission, which sits inside the general money transmission definition and triggers licensing for that fiat leg.
Verified 2026-07-16. Source
Fiat treatment
Selling or issuing payment instruments or stored value, or receiving money for transmission, from a person located in New Hampshire triggers licensing under RSA 399-G:2(XVIII); money means a medium of exchange authorised or adopted by a government, so a fiat leg is squarely covered.
Verified 2026-07-16. Source
Virtual currency treatment
Convertible virtual currency is a defined term (RSA 399-G:2(VII)), and persons dealing solely in CVC, selling or issuing CVC-only stored value, or receiving CVC for transmission, are exempted from licensing by 399-G:3(VII), remaining subject only to the state's consumer protection act, RSA 358-A. The exemption does not extend once fiat money is also received for transmission.
Verified 2026-07-16. Source
NMLS / portal
Money Transmitter licence (NMLS); all new New Hampshire money transmitter licensing runs through NMLS.
Verified 2026-07-16. Source
Launch posture
green: A modernised, low-cost MTMA-style regime with a clearly worded, decades-old convertible virtual currency exemption that does not disturb licensing for the fiat leg of an exchange.
Verified 2026-07-16. Source
Net worth / capital (locked)
Net worth / capital is included with access.Permissible investments (locked)
Permissible investments is included with access.Exam / audit timeline (locked)
Exam / audit timeline is included with access.Practitioner notes (locked)
Practitioner notes is included with access.Under the planning scenario
LicenceMap's bond and net worth figures use one scenario throughout: a virtual currency exchange with a fiat on and off ramp, $50m in annual US transmission volume, $2m in average daily outstanding liability, and a single principal office.
Surety bond: Surety bond is included with access.
Net worth / capital: Net worth / capital is included with access.