An Act establishing a special commission on blockchain and cryptocurrency

This bill creates a special commission in Massachusetts to study blockchain technology and cryptocurrency. The commission will consist of 25 members, including state officials, industry representatives, and consumer advocates, who must meet within 90 days to begin their work. Its main task is to investigate how blockchain could be used by government and businesses, examine tax implications for digital assets, and determine the best ways to protect consumers while encouraging responsible adoption. The group will also look at energy usage, regulatory oversight, and barriers that might prevent certain groups from participating in these emerging technologies. Ultimately, the commission will produce a master plan with recommendations for expanding blockchain use in the state.