蒙大拿州的房屋拒绝将公共资金投资加密货币和贵金属

代表们已经投票决定了一项提案，该提案将允许该州投资于加密货币和贵金属。

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.

蒙大拿州众议院已投票决定一项提案，该提案将允许该州投资于加密货币和贵金属，这一举动与其他州的类似决定保持一致。

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.

众议院法案429在周三以41票对59票的投票失败，目的是创建一个特殊的收入帐户，允许投资高达7.5亿美元的数字资产和贵金属，例如黄金，银，白金和钯金。

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.

该法案本月初由共和党代表柯蒂斯·席默（Curtis Schomer）提出，旨在包括超过7500亿美元的市值的加密货币。目前，比特币是符合此门槛的唯一数字资产，市场价值为1.8万亿美元。

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.

该法案的失败尽管支持者的辩论可能有助于与传统的债券投资相比，它可以帮助多样化该州的投资组合多样化，并有可能带来更高的回报。

“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.”

共和党代表李·德明（Lee Demming）说：“我们正在谈论最大化纳税人货币的回报。” “我们应该追求所有法律途径，以确保我们获得纳税人的最佳回报，这项法案就是这样做的。”

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

但是，反对派对所涉及的风险表示强烈关注。

“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.”

会议期间民主国家代表史蒂文·凯利（Steven Kelly）说：“我们有责任保护纳税人的钱。” “这些类型的投资太冒险了。”

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.”

州代表比尔·默瑟（Bill Mercer）特别担心蒙大拿州的投资委员会酌处权以投资加密货币和不可杀死的代币，并坚定地说：“我没有来这里这样做。”

Other States

其他国家

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

蒙大拿州的决定与其他州的结果相似。北达科他州，怀俄明州和宾夕法尼亚州以前都拒绝了可比的比特币储备建议。

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

但是，整个美国的图片差异很大。根据比特币储备跟踪器数据，仍在考虑大约19个州​​的建议。

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

其中包括在亚利桑那州，伊利诺伊州，肯塔基州，马里兰州，俄克拉荷马州，新罕布什尔州和德克萨斯州等举办的举措。

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.

在亚利桑那州，随着参议院财政委员会的制定制定的立法，进步持续了，该立法将允许多达10％的公共资金，包括养老金制度，用于加密货币。该法案已移至参议院规则委员会进行进一步审查。

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.

德克萨斯州正在采用双重方法，并考虑了两项单独的法案。一个将允许多达1％的一般收入基金分配给比特币，而另一个则关注比特币捐赠和加密货币付款转换。

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.

同时，犹他州已经成为这一立法运动的领导者。该州的区块链和数字创新修正案法案将允许州财务主管分配给数字资产的5％的公共资金，已通过参议院收入和税收委员会。

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.

该法案于2月16日首次听证会，还将建立一个工作组，以研究接受加密货币的可行性。

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.

立法推动将比特币纳入州储量的努力始于2021年，此后一直在势头，几个州提出了法案，以将其一部分普通资金或财政部持有分配给领先的加密货币。

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.

在国家储备中采用加密货币的运动超出了美国边界。包括瑞士，巴西，日本和俄罗斯在内的几个国家正在积极探索比特币融入其国家储备战略。

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号众议院法案的辩论中，代表史蒂夫·菲茨帕特里克（Steve Fitzpatrick）指出，该州的投资委员会“在银行里有很多钱”可以更好地使用，例如基础设施或教育。

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

菲茨帕特里克说：“该法案将允许董事会投入这笔钱。”

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.

同样，Bill Sponsor Schomer警告说，继续仅投资于债券可能会导致购买力损失，认为该法案将为该州提供有价值的工具来增强其投资策略。

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.

尽管蒙大拿州的429号法案现在有效地死亡，但任何未来的比特币储备立法都需要重新引入该州的立法机关。

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.

该法案在立法过程中的旅程包括在业务和劳工委员会中取得的最初成功，并在2月19日以12票对8票通过，共和党的支持和民主反对派。

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.

对于仍在考虑类似立法的各州，辩论继续围绕平衡潜在的投资回报与保护公共资金的责任。每个州的方法都反映了当地的优先事项和管理公共资源的风险承受能力水平。