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CoinStats - Montana Bitcoin reserve fund voted down, maki...

Summary by coinstats.app

A proposal in the Montana House of Representatives to introduce a state Bitcoin reserve fund has failed. The Inflation Protection Act, as it was called, was passed by the House Business and Labor Committee, but voted down by the full House on its second reading on Feb. 22. The bill would have established a special revenue account for the state’s Board of Investments to invest in precious metals and digital assets. It was introduced by Republica…

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Coinpri

Did You Know: Montana Rejects Bitcoin Reservation Law

The Montana House of Representatives has voted to allow the establishment of a Bitcoin reserve. Elected officials believe that such The post Did You Know: Montana Rejects Bitcoin Reservation Law appeared first on Coinpri.

1 month ago

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Tron Weekly Journal

Montana House Of Representatives Rejects $50 Million Bitcoin Reserve Plan

Montana’s legislature rejected House Bill 429 in a 41-59 vote. The bill aimed to allocate up to $50 million in public funds for digital assets, stablecoins, and metals, with Bitcoin as the top cryptocurrency. Critics cited risks from crypto market volatility. Supporters believed it could outperform traditional bonds. Montana lawmakers have rejected HB 429, a proposal that would have allowed the state to invest in Bitcoin and other precious metal…

1 month ago

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Plato. Vertical Search. Ai. | PlatoAiStream. Data Intelligence. Vertical Search. Ai.

Montana Lawmakers Vote Against Bill That Would’ve Made Bitcoin A State Reserve Asset

Montana lawmakers shot down a bill that would have enabled the state government to invest in Bitcoin (BTC) as a reserve asset. Forty Republicans and one Democrat in Montana’s House of Representatives voted for the bill, but 41 Democrats and 18 Republicans rejected it. The bill, which passed a committee vote last week, would have created “a state special revenue account for investment in precious metals and digital assets,” with digital assets de…

1 month ago

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