An Act establishing a special commission on blockchain and cryptocurrency

HD 312 establishes a 25-member special commission to study blockchain technology and cryptocurrency in Massachusetts. The commission will examine how blockchain could be used by state government (e.g., for court records, voter systems) and businesses (e.g., corporate records), along with cryptocurrency taxation, payment acceptance, energy use, consumer protections, and barriers for underrepresented groups. It must report its findings and recommendations to the legislature within one year. This bill does not change current laws but creates a process to develop future policy options. The commission’s work will directly inform potential state actions affecting government operations, businesses, and residents.