In Montana’s legislative assembly, a proposal enabling the state to invest in Bitcoin $88,718 as part of its cryptocurrency asset reserves was voted on. The proposal aimed to create a special revenue account for state investment in precious metals and digital assets. The voting process sparked significant debate, particularly regarding the distribution of votes.
Bitcoin Purchase Proposal
The proposal defined digital assets as “cryptocurrencies, local electronic assets, stablecoins, unique digital assets, and other digital assets,” characterizing them as elements that provide economic or accessible rights. It also stipulated that the market value of the assets for investment must exceed $750 billion based on the average of the previous calendar year. Consequently, only Bitcoin was deemed eligible under this criterion.

Read Entire Article
Screenshot generated in real time with SneakPeek Suite
BitRss World Crypto News | Market BitRss | Crypto Deals | Short Urls
Design By New Web | ScriptNet