The House of Representatives voted in Montana 41-59 against a bill that could have witnessed the Bitcoin Reserve.
The Montana Council voted against a draft law that could have made Bitcoin reserve assets on February 22, with many legislators that it would have allowed the state investment board to predict extensively with taxpayer money.
Many Republicans voice Against the Parliament’s Bill No. 429 in voting 41-59. The draft law has proposed to create a special revenue account for investment in precious metals, niches, and digital assets that amounted to the average maximum market exceeding 750 billion dollars during the last evaluation year – these criteria that currently meet Bitcoin (BTC).
“The money of taxpayers is still, and we are responsible for that, and we need to protect it,” the representative of the state, Stephen Kelly He said During the Montana session on February 22, adding that “these types of investments are very risky.”
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