Massachusetts Proposes Bitcoin Reserve Bill, A First for a U.S. State
Massachusetts, a state traditionally associated with Democratic politics, has proposed a bill to establish a strategic Bitcoin reserve. Led by Republican Senator Peter Durant, the bill aims to invest in Bitcoin and other digital assets using unspent funds from the Commonwealth Stabilization Fund.
The bill, SD 422, suggests creating a 'Commonwealth Bitcoin Strategic Reserve' fund, to be managed by the State Treasurer. If approved, the investment limit could reach up to 10% of the total deposited in the Commonwealth Stabilization Fund, currently $9 billion. This could potentially allocate up to $900 million for Bitcoin investment.
This move aligns with the current Republican-led national administration's objectives and follows a growing trend of institutional adoption and regulation in the crypto sector. Other countries, such as Brazil, Russia, and Poland, are also considering integrating Bitcoin into their reserves. At the federal level, the United States is exploring the creation of a strategic Bitcoin reserve. Several states, including Florida, Texas, Pennsylvania, and Alabama, are also looking into this. While not explicitly named, at least 40 states introduced crypto-related legislative proposals in 2025, indicating widespread regulatory interest.
If approved, Massachusetts' strategic Bitcoin reserve would be a significant step in the institutional adoption of cryptocurrencies. It could pave the way for other states and countries to follow suit, potentially leading to a global shift in reserve management strategies.
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