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Bulletin Bitcoin Bild Bill failed to clean the House of Representatives after the legislators voted against it during the latest floor.

The bill 429, which strived to enable the state to invest in Bitcoin, noble metals and stablecoins, is in a 41-59 Voting. MPs raised concerns about the risk of using taxpayers for such investments, eventually decides on potential volatility outweighed any possible yield.

Legislation passed Business and work in Montana 19. February with 12-8 voting.

It has also been a supplement to financing laws with interest rates made by the American Law on Rescue Plan, but it has failed to take place most.

While most Republicans supported the account, with 40 voting in favor, 18 opposed. The opposition was primarily guided by democrats, which unanimously voted against the measure.

According to Representative Lee Demming, Bill would help the state return to the taxpayer’s money better. During 22. February Floor houseHe claimed that if the state would retain on the taxpayer’s money, she had an obligation to provide the greatest possible return on investment.

“Or that or right back it to you,” Demming said, explaining his support for the account.

Representative Montana Steve Fitzpatrick agreed that the state had surplus funds “in the bank”, which could be invested in property such as Bitcoin, precious metals and stablecoin to generate better returns.

However, those who oppose Saves 429, such as Steven Kelly, claimed that the account represented too much risk for taxpayers. Kelly pointed out that legislators are responsible for the protection of public funds and that investments in volatile property were “too risky” for state money.

Another opponent called it “a fool way of thinking about taxpayers’ dollars.”

Montana joins Vioming, North Dakotaand Pennsylvania as the only four US American who rejected similar bills, toward data From the Bitcoin Reserve Monitor.

February 24, 19 other states reviews CRIPTO reset legislation, with Utah and Arizona Leading – both advanced their accounts in their shelter floors for further discussion.