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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

02/09/2025·3M

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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