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Bill > H89


MA H89

MA H89
Providing for consumer protection in a digital economy


summary

Introduced
02/27/2025
In Committee
02/27/2025
Crossed Over
Passed
Dead

Introduced Session

194th General Court

Bill Summary

By Representative Lipper-Garabedian of Melrose, a petition of Kate Lipper-Garabedian that the Office of the State Treasurer develop and periodically review and update a digital module and resources on cryptocurrencies and digital assets. Advanced Information Technology, the Internet and Cybersecurity.

AI Summary

This bill requires the Massachusetts State Treasurer's office to create and regularly update a digital educational module and accompanying resources focused on cryptocurrencies and digital assets. The module is intended to help Massachusetts residents better manage their financial resources, learn about money management strategies, and protect themselves from potential risks in the digital financial landscape. By developing these resources, the bill aims to promote financial literacy and consumer protection specifically in the emerging digital economy, where cryptocurrencies and digital assets represent increasingly important but complex financial tools. The proposed digital module would serve as an informational resource to help residents understand these new financial technologies, their potential benefits, and associated risks, thereby empowering consumers to make more informed financial decisions in an increasingly digital marketplace.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Accompanied a study order, see H5072 (on 02/12/2026)

bill text


bill summary

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bill summary

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bill summary

Document Type Source Location
State Bill Page https://malegislature.gov/Bills/194/H89
BillText https://malegislature.gov/Bills/194/H89.pdf
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