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Montana, the United States authorized up to $50 million to invest in precious metals, digital assets with an average market value of more than $750 billion in the previous year, and stablecoins

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Reprinted from panewslab

02/09/2025·2days ago

PANews February 9th news, former Sequoia Capital analyst Julian Fahrer tweeted that House of Representatives Act No. 429 in Montana will authorize the Investment Committee to invest up to $50 million in precious metals by July 15, 2025 , digital assets and stablecoins with an average market value of more than US$750 billion in the previous year. These funds must be held by qualified custodians or through an exchange-traded fund. Montana, the United
States authorized up to $50 million to invest in precious metals, digital
assets with an average market value of more than $750 billion in the previous
year, and stablecoins

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