A Committee in the US State Legislature of Massachusetts is set to hear discussions about a Bitcoin Strategic Reserve Bill first introduced in February.
On a Friday Update In a bill “Kamag -child in a Bitcoin Strategic Reserve” introduced by Republican State Senator Peter Durant, the Joint Revenue Committee of Massachusetts held a hearing to consider the law.
The bill, which Durant introduced to the Senate of Massachusetts in February, was part of a push from Republican lawmakers across the US state in favor of cryptocurrency and bitcoin (Btc) Reserve.
It is unclear what opportunities for any Bill led by the Republican in the Massachusetts legislature. Democrats currently have a supermajority in the House of Representative and State Senate, and control management. All state representatives in the US House and Senate are also Democrats.
Durant’s proposed law will allow “any bitcoin or other digital possession of the Commonwealth” to be deposited in a reserve, and to use the state ark of the state up to 10% of the Commonwealth Stabilization Fund to invest in crypto.
While the four states of the United States, including Massachusetts, are formally called communications in their constitutions, their legal relationships with the states of unites as a whole are the same in all states, and terms are used to replace.
Cointelegraph reached the Massachusetts’ senator’s office for the comment but did not receive a response at the time of publication.
Related: A Bitcoin Strategic Reserve can be bad for BTC and USD: Crypto Exec
Until September, there were few United States state governments, including New Hampshire and Texas, have Passed the law that allows them To hold Bitcoin and other cryptocurrencies as part of a strategic reserve plan.
At the federal level, the president of the United States Donald Trump Signed an Executive Order In March to establish a stockpile of the BTC government and cryptocurrencies, partly by seized owners. Republican lawmakers are trying to codify this law in law through Congress using the Bitcoin Act.
Crypto reserves measures in other US states are still pending
Massachusetts joined a number of other state governments that are currently considered to follow the example of the federal government and pass the laws that allow their wealth to invest in crypto and bitcoin.
In 2025, Montana, North Dakota, Pennsylvania, South Dakota, and Wyoming declined or failed to advance similar bills. However, The proposed law in Michigan And Ohio can still be signed by law.
https://www.youtube.com/watch?v=AV7xioy4zvc
Companies with crypto exposure, including Michael Saylor’s approach, were invested in bitcoin and other digital ownership as a potential fence against inflation for many years. Reports suggested that many others followed their example in 2025 following Trump’s executive order.
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