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Massachusetts · 194th Legislature (2025-2026) · Bill

S 707: An Act relative to preventing fraud and establishing regulations on certain virtual currencies

In committee Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

S 707 is a bill introduced in the Massachusetts Senate on February 27, 2025. According to its official title, it concerns: An Act relative to preventing fraud and establishing regulations on certain virtual currencies. Primary sponsor: John Cronin (Democratic). It lists 14 additional sponsors. Most recent recorded action (April 15, 2026): Accompanied a new draft, see S3048.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written

Official summary

Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.

By Mr. Cronin, a petition (accompanied by bill, Senate, No. 707) of John J. Cronin, Joanne M. Comerford, Peter J. Durant, Patricia D. Jehlen and other members of the Senate for legislation relative to prevent fraud and establish regulations on certain virtual currencies. Financial Services.

Sponsors

Sponsors by party (alphabetical): Democratic 10 · Independent 1 · Republican 4

NameRolePartyChamberDistrict
John CroninPrimary sponsorDemocraticSenateWorcester and Middlesex
Mike BradyCo-sponsorDemocraticSenateSecond Plymouth and Norfolk
Jo ComerfordCo-sponsorDemocraticSenateHampshire, Franklin and Worcester
Sal DiDomenicoCo-sponsorDemocraticSenateMiddlesex and Suffolk
Peter DurantCo-sponsorRepublicanSenateWorcester and Hampshire
Jamie EldridgeCo-sponsorDemocraticSenateMiddlesex and Worcester
Ryan FattmanCo-sponsorRepublicanSenateWorcester and Hampden
Pat JehlenCo-sponsorDemocraticSenateSecond Middlesex
Brad JonesCo-sponsorRepublicanHouse20th Middlesex
Jason LewisCo-sponsorDemocraticSenateFifth Middlesex
Joan LovelyCo-sponsorDemocraticSenateSecond Essex
Jake OliveiraCo-sponsorDemocraticSenateHampden, Hampshire and Worcester
Bruce TarrCo-sponsorRepublicanSenateFirst Essex and Middlesex
John VelisCo-sponsorDemocraticSenateHampden and Hampshire
Susannah WhippsCo-sponsorIndependentHouse2nd Franklin

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. Accompanied a new draft, see S3048
  2. Reporting date extended to Monday April 6, 2026
  3. Hearing rescheduled to 10/07/2025 from 10:30 AM-01:10 PM in A-2 and Virtual Hearing updated to New End Time
  4. Hearing scheduled for 10/07/2025 from 10:30 AM-01:00 PM in A-2
  5. House concurred
  6. Referred to the committee on Financial Services

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source