The Inflation Protection Act regulates the investment of public moneys in digital assets and precious metals.

The Inflation Protection Act outlines specific rules for the investment of public moneys in digital assets and precious metals. It mandates that digital assets with a market capitalization over $750 billion be held in secure-custody solutions or by qualified custodians, while those with lesser capitalization must be converted to U.S. currency. The bill also allows the treasurer to invest up to 5% of public funds in precious metals, digital assets with high market capitalization, and stablecoins.

The Inflation Protection Act regulates the investment of public moneys in digital assets and precious metals.

The Inflation Protection Act outlines specific rules for the investment of public moneys in digital assets and precious metals. It mandates that digital assets with a market capitalization over $750 billion be held in secure-custody solutions or by qualified custodians, while those with lesser capitalization must be converted to U.S. currency. The bill also allows the treasurer to invest up to 5% of public funds in precious metals, digital assets with high market capitalization, and stablecoins.