Montana Bitcoin reserve fund voted down, making it the 5th state to consider, reject it
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 Republican representative Curtis Schomer on Feb. 7 without Democratic support.
#MarketPullback #SaylorBTCPurchase #BTCDipOrRebound #ETHPriceWatch
