MA H88

Establishes a 25-member special commission to investigate blockchain technology and develop a master plan for its expansion in Massachusetts, co-chaired by the House Speaker and Senate President or their designees

Commission membership includes legislative leaders, 8 appointed legislators, the Attorney General, commissioners from cannabis control and revenue departments, technology and public safety secretaries, consumer protection representatives, fintech industry members, and higher education representatives

Requires examination of blockchain use in government records, court proceedings, statewide registries (firearms, marijuana, opiates), election systems, and corporate record-keeping, including associated privacy risks and security requirements

Directs study of cryptocurrency taxation impacts on state revenue, feasibility of government agencies and cannabis retailers accepting crypto payments, energy consumption regulation, and consumer protection measures including potential licensure requirements

All appointments must be made within 45 days of the act's effective date, with the commission required to submit its report and draft legislation to the General Court within one year of appointments being completed