S40
An Act providing for consumer protection in a digital economy
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Bill overview
This bill directs the Massachusetts Office of the State Treasurer to create and regularly update resources about cryptocurrencies and digital assets. The goal is to provide consumers with information to better understand and protect themselves in the digital economy. Specifically, the bill focuses on developing a ‘digital module’ to educate the public on these emerging technologies and related risks. This aims to enhance consumer awareness and safeguard financial interests within the evolving digital landscape.
Key provisions
- The Office of the State Treasurer will develop a digital module on cryptocurrencies and digital assets.
- The module will be periodically reviewed and updated.
- The resources will be designed to educate consumers.
- The bill addresses the growing use of cryptocurrencies and digital assets.
- The Office of the State Treasurer is responsible for the creation and maintenance of the resources.
Who is affected
- Consumers
- Cryptocurrency users
- Investors in digital assets
- The Office of the State Treasurer
Sponsors
Official sponsors from legislative records.
Primary sponsor
Barry R. Finegold
Cosponsor
Barry R. Finegold
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Bill S.40 194th (Current)
An Act providing for consumer protection in a digital economy
By Mr. Finegold, a petition (accompanied by bill, Senate, No. 40) of Barry R. Finegold 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.
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Bill Information
Bill Information
Presenter: Barry R. Finegold
Tabs
Bill History Petitioners Primary Sponsor Summary
Bill History
Displaying 3 actions for Bill S.40
| Date | Branch | Action |
| 2/27/2025 | Senate | Referred to the committee on Advanced Information Technology, the Internet and Cybersecurity |
| 2/27/2025 | House | House concurred |
| 6/30/2025 | Joint | Hearing scheduled for 07/10/2025 from 01:00 PM-05:00 PM in A-2 |
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