Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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Montana Strategic Bitcoin Reserve Legislation Passes Committee and Heads to a House Vote
2025-02-19 22:06:35

Odaily News According to market news, Montana's strategic Bitcoin reserve legislation has passed the committee and is about to enter the House of Representatives voting stage. It was previously reported that on February 9, Montana House Bill No. 429 would authorize the state treasurer to invest up to $50 million from the general fund in "digital assets with a market value of more than $750 billion," namely Bitcoin, by July 15, 2025. These investments must be held by qualified custodians or made through trading platform funds.