Massachusetts Bitcoin Reserves and Cryptocurrency Laws

Massachusetts Bitcoin Reserves and Cryptocurrency Legislation

Massachusetts Bitcoin Reserve Overview

No Official Reserve
Neutral Regulatory Status
Proposed Rainy Day Fund for Bitcoin

Massachusetts Bitcoin Reserves

Massachusetts Legislative Breakdown

State BTC Reserves % of US Holdings Legal Status Last Updated Key Laws and Regulations
Massachusetts (MA) No official reserve 0% Neutral 2024-07-31
  • Proposed: Rainy Day fund for Bitcoin (in committee, 2024)

Massachusetts Strategic Bitcoin Reserve

Current status is PROPOSED

Massachusetts has proposed legislation to allocate a portion of its Rainy Day Fund to a Strategic Bitcoin Reserve, exploring cryptocurrency as a state investment.

Using the Stabilization Fund (~$8.2 billion), Massachusetts could potentially purchase approximately 80,256 BTC, assuming a BTC price of $102,182.

6/15/2024
PROPOSED
Legislation proposed to allocate Rainy Day funds for a Strategic Bitcoin Reserve, moved to committee for review.
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