Montana Bitcoin (BTC) is going outside the committee stage, heading towards the voting of the State Council Hall

The new documents reveal that the Montana Law for the use of Bitcoin (BTC) as a reserve asset is heading towards the state’s parliament to vote.

According to the Legiscan Legislative Service, the Montana House 429 bill – which will allow the state to invest in precious metals and digital assets – Pass A voting committee On his way To the floor of the house.

The bill says that it will create “special revenues account for the state to invest in precious metals and digital assets”, where digital assets are defined as “virtual currencies, encrypted currencies, original electronic assets, including stablecoins, non-explosive symbols, and other digital assets- Digital- Only assets that give economic or ownership rights or access to rights or powers.

The draft law also says that the state is limited to investing in precious metals, and the assets of encryption with the maximum market of more than 750 billion dollars on the basis of the previous evaluation year and Stablecoins. Currently, Bitcoin is the only coding that does not exceed stablecoin that meets the standards.

Moreover, the state treasurer “transferred up to $ 50 million from the General Fund to [investment] Account “July 15, 2025.

Earlier this month, Senator in Western Virginia, Chris Rose, has submitted a draft law that allows the state to invest up to 10 % of public funds in the same types of assets. Legislators in Texas, Utta and Arizona are studying similar proposals.

The leading digital assets are traded for $ 96,264 at the time of writing this report, by 1.96 % over the past 24 hours.

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Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.

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