An Act establishing a special commission on blockchain and cryptocurrency

This bill establishes a special commission in Massachusetts to investigate blockchain technology and cryptocurrency, aiming to create a master plan for their expansion within the state. The commission will consist of 25 members appointed by various officials, including the governor, legislative leaders, and representatives from sectors like finance and higher education. Its primary tasks include examining how blockchain can be used in government and business, assessing tax implications for digital assets, evaluating consumer protection needs, and determining which agencies should oversee the industry. The commission is required to submit a final report with specific recommendations and draft legislation to the General Court within one year of its members being appointed.