蒙大拿州的房屋拒絕將公共資金投資加密貨幣和貴金屬

代表們已經投票決定了一項提案，該提案將允許該州投資於加密貨幣和貴金屬。

The Montana House of Representatives has voted down a proposal that would have permitted the state to invest public funds in cryptocurrency and precious metals, a move that aligns with similar decisions in other states.

蒙大拿州眾議院已投票決定一項提案，該提案將允許該州投資於加密貨幣和貴金屬，這一舉動與其他州的類似決定保持一致。

House Bill 429, which failed in a 41-59 vote on Wednesday, aimed to create a special revenue account allowing investments of up to $750 million in digital assets and precious metals, such as gold, silver, platinum, and palladium.

眾議院法案429在周三以41票對59票的投票失敗，目的是創建一個特殊的收入帳戶，允許投資高達7.5億美元的數字資產和貴金屬，例如黃金，銀，白金和鈀金。

The bill, introduced earlier this month by Republican Representative Curtis Schomer, was designed to include cryptocurrencies with market capitalizations above $750 billion. Currently, Bitcoin is the only digital asset meeting this threshold, with a market value of $1.8 trillion.

該法案本月初由共和黨代表柯蒂斯·席默（Curtis Schomer）提出，旨在包括超過7500億美元的市值的加密貨幣。目前，比特幣是符合此門檻的唯一數字資產，市場價值為1.8萬億美元。

The bill’s defeat came despite arguments from supporters that it could help diversify the state’s investment portfolio and potentially deliver higher returns than traditional bond investments.

該法案的失敗儘管支持者的辯論可能有助於與傳統的債券投資相比，它可以幫助多樣化該州的投資組合多樣化，並有可能帶來更高的回報。

“We are talking about maximizing the return on taxpayer money,” said Republican Representative Lee Demming, advocating for the proposal during the House Floor Session. “We should be pursuing every legal avenue to ensure that we are getting the best possible return on taxpayer money, and this bill does just that.”

共和黨代表李·德明（Lee Demming）說：“我們正在談論最大化納稅人貨幣的回報。” “我們應該追求所有法律途徑，以確保我們獲得納稅人的最佳回報，這項法案就是這樣做的。”

However, the opposition voiced strong concerns about the risks involved.

但是，反對派對所涉及的風險表示強烈關注。

“We have a responsibility to protect taxpayer money,” said Democratic State Representative Steven Kelly during the session. “These types of investments are way too risky.”

會議期間民主國家代表史蒂文·凱利（Steven Kelly）說：“我們有責任保護納稅人的錢。” “這些類型的投資太冒險了。”

State Representative Bill Mercer expressed particular concern about giving Montana’s Board of Investments discretion to invest in cryptocurrencies and non-fungible tokens, stating firmly, “I did not come here to do that.”

州代表比爾·默瑟（Bill Mercer）特別擔心蒙大拿州的投資委員會酌處權以投資加密貨幣和不可殺死的代幣，並堅定地說：“我沒有來這裡這樣做。”

Other States

其他國家

Montana’s decision aligns with similar outcomes in other states. North Dakota, Wyoming, and Pennsylvania have all previously rejected comparable Bitcoin reserve proposals.

蒙大拿州的決定與其他州的結果相似。北達科他州，懷俄明州和賓夕法尼亞州以前都拒絕了可比的比特幣儲備建議。

However, the picture varies considerably across the United States. According to Bitcoin Reserve Tracker data, approximately 19 state proposals remain under consideration.

但是，整個美國的圖片差異很大。根據比特幣儲備跟踪器數據，仍在考慮大約19個州​​的建議。

These include initiatives in Arizona, Illinois, Kentucky, Maryland, Oklahoma, New Hampshire, and Texas, among others.

其中包括在亞利桑那州，伊利諾伊州，肯塔基州，馬里蘭州，俄克拉荷馬州，新罕布什爾州和德克薩斯州等舉辦的舉措。

In Arizona, progress continues as the Senate Finance Committee has advanced legislation that would permit up to 10% of public funds, including pension systems, to be invested in cryptocurrency. The bill has moved to the Senate Rules Committee for further examination.

在亞利桑那州，隨著參議院財政委員會的製定制定的立法，進步持續了，該立法將允許多達10％的公共資金，包括養老金制度，用於加密貨幣。該法案已移至參議院規則委員會進行進一步審查。

Texas is pursuing a dual approach, with two separate bills under consideration. One would allow up to 1% of the general revenue fund to be allocated to Bitcoin, while the other focuses on Bitcoin donations and cryptocurrency payment conversions.

德克薩斯州正在採用雙重方法，並考慮了兩項單獨的法案。一個將允許多達1％的一般收入基金分配給比特幣，而另一個則關注比特幣捐贈和加密貨幣付款轉換。

Meanwhile, Utah has emerged as a leader in this legislative movement. The state’s Blockchain and Digital Innovation Amendments bill, which would allow the state treasurer to allocate up to 5% of public funds to digital assets, has passed through the Senate Revenue and Taxation Committee.

同時，猶他州已經成為這一立法運動的領導者。該州的區塊鍊和數字創新修正案法案將允許州財務主管分配給數字資產的5％的公共資金，已通過參議院收入和稅收委員會。

The bill, which had its first hearing on February 16, would also establish a working group to study the feasibility of accepting cryptocurrency for state payments.

該法案於2月16日首次聽證會，還將建立一個工作組，以研究接受加密貨幣的可行性。

The legislative push to include Bitcoin in state reserves began in 2021 and has since gained momentum, with several states introducing bills to allocate a portion of their general funds or treasury holdings to the leading cryptocurrency.

立法推動將比特幣納入州儲量的努力始於2021年，此後一直在勢頭，幾個州提出了法案，以將其一部分普通資金或財政部持有分配給領先的加密貨幣。

The movement toward cryptocurrency adoption in state reserves extends beyond U.S. borders. Several countries, including Switzerland, Brazil, Japan, and Russia, are actively exploring the integration of Bitcoin into their national reserve strategies.

在國家儲備中採用加密貨幣的運動超出了美國邊界。包括瑞士，巴西，日本和俄羅斯在內的幾個國家正在積極探索比特幣融入其國家儲備戰略。

During debates on House Bill 429, Representative Steve Fitzpatrick pointed out that the state’s investment board “has a lot of money sitting in the bank” that could be put to better use, such as in infrastructure or education.

在第429號眾議院法案的辯論中，代表史蒂夫·菲茨帕特里克（Steve Fitzpatrick）指出，該州的投資委員會“在銀行里有很多錢”可以更好地使用，例如基礎設施或教育。

“This bill would allow the board to put that money to work,” said Fitzpatrick.

菲茨帕特里克說：“該法案將允許董事會投入這筆錢。”

Similarly, bill sponsor Schomer warned that continuing to invest solely in bonds could result in lost purchasing power, arguing that the bill would provide the state with a valuable tool to enhance its investment strategy.

同樣，Bill Sponsor Schomer警告說，繼續僅投資於債券可能會導致購買力損失，認為該法案將為該州提供有價值的工具來增強其投資策略。

While Montana’s House Bill 429 is now effectively dead, any future Bitcoin reserve legislation would need to be reintroduced into the state’s legislature.

儘管蒙大拿州的429號法案現在有效地死亡，但任何未來的比特幣儲備立法都需要重新引入該州的立法機關。

The bill’s journey through the legislative process included initial success in the business and labor committee, where it passed in a 12-8 vote on February 19, with Republican support and Democratic opposition.

該法案在立法過程中的旅程包括在業務和勞工委員會中取得的最初成功，並在2月19日以12票對8票通過，共和黨的支持和民主反對派。

For states still considering similar legislation, the debate continues to center around balancing potential investment returns with the responsibility to safeguard public funds. Each state’s approach reflects local priorities and risk tolerance levels in managing public resources.

對於仍在考慮類似立法的各州，辯論繼續圍繞平衡潛在的投資回報與保護公共資金的責任。每個州的方法都反映了當地的優先事項和管理公共資源的風險承受能力水平。