Over 20 out of the 50 states in the U.S. have proposed plans to invest public funds into digital assets, such as Bitcoin 
$84,715. However, in recent weeks, several states have seen these proposals halted due to unfavorable outcomes in legislative votes.
State Decision Processes
Montana’s proposal aimed to allocate up to $50 million in public funds towards Bitcoin, stablecoins, and precious metals. Introduced in July, it faced a setback when it was rejected by the Montana House of Representatives with a vote of 59-41. Similarly, South Dakota’s HB ($0.00) 1202, which proposed a 10% fund allocation, failed in the relevant subcommittee with a 9-3 vote against it.
North Dakota, Pennsylvania, and Wyoming also presented similar proposals that did not garner the necessary support during legislative processes. North Dakota’s HB 1184 was rejected with a 57-32 vote, while proposals in Pennsylvania and Wyoming either stalled at various stages or were completely withdrawn.
Emerging Developments and Other States
In contrast, states like Utah, Texas, Oklahoma, and Arizona are… creator solana token
