Crypto EcoBlog
Montana lawmakers voted 41-59 against letting Bitcoin into state reserves. Lawmakers rejected the bill due to concerns about its volatility and taxpayer risk. Montana’s legislature rejected House Bill 429, seeking to authorize state investment in Bitcoin, stablecoins, and precious metals. The lawmakers voted 41-59 against the bill, with the legislators purporting that the potential dangers of having taxpayers’ funds used to make investments in risky assets are a concern. Although the bill...
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