- Montana’s proposed Bitcoin reserve bill could significantly impact the state’s financial strategy by backing digital assets with substantial market caps.
- States such as Utah, Arizona, and Oklahoma are showing support for Bitcoin reserve regulations after Montana pioneered this path.
- National financial resilience gains momentum through executive orders and strategic legislation that the US government supports in its Bitcoin stance.
The co-founder and former CEO of Binance Changpeng Zhao caused speculation by insinuating that the US government actively buys Bitcoin. Zhao expressed his belief that the government may engage actively in Bitcoin acquisition through a tweet followed by the recommendation that the public should wait until the government finishes its buying spree.
His statement follows reports that Montana’s proposed Bitcoin reserve bill has passed a committee review and is heading for a vote on the House floor.
The legislature in Montana advances Bitcoin Reserve legislation
Act 62 seeks to bring Montana closer to operating a state Bitcoin reserve through its proposed establishment of a special revenue fund that targets double and digital asset investments. The legislative documentation allows digital assets to become part of the reserve when their average market capitalization rises above $750 billion while Bitcoin remains the sole option that meets this criterion.
The implementation of this step makes Montana the leading state in America regarding the creation of laws related to Bitcoin reserves.
The state of Montana stands among several other jurisdictions that seek to establish publicly controlled Bitcoin reserves. Utah and Arizona along with Oklahoma joined Montana by passing legislation that mirrors this approach. The adoption of digital assets legislation across different US states constitutes a nationwide trend as states search for Bitcoin-based financial growth opportunities.
Federal Support for Bitcoin Grows
State-level Bitcoin leadership has found increasing support as the federal government reveals growing Bitcoin interest. The United States Senate introduced a Bitcoin reserve strategy bill in July 2024 under the leadership of Senator Cynthia Lummis.
Under the terms of this bill, the United States must obtain 200,000 Bitcoins yearly over five years to accumulate one million Bitcoins. The establishment of a Bitcoin strategic reserve would boost national financial stability as well as make the country dominant among digital asset leaders worldwide.
Donald Trump initiated a presidential executive order in January 2025 to enhance US leadership in the digital financial technology domain. Through this order, the United States established guidelines to increase its effect within the developing digital asset ecosystem.
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