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
![trendx logo](https://image.panewslab.com/upload/image/20210202/S12ce6bd0b5c8479a8e53551c85d68ad7.jpg)
Reprinted from panewslab
02/09/2025·2days agoPANews 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.