Massachusetts Bitcoin reserve bill gets lukewarm response at hearing
State Senator Peter Durant addressed Massachusetts lawmakers on Tuesday regarding his proposed Bitcoin reserve bill, but received no questions.
Update (Oct. 9 at 7:15 pm UTC): This article has been updated to include a response from Peter Durant.
A bill intended to establish a Bitcoin strategic reserve for the US state of Massachusetts received a tepid response after its first legislative action in eight months.
In a Tuesday hearing of the Massachusetts legislature’s Joint Committee on Revenue, state Senator Peter Durant testified regarding the bill he sponsored, “an Act relative to a Bitcoin strategic reserve.”