Montana SB265 revises cryptocurrency laws to establish the Financial Freedom and Innovation Act.
Montana SB265, the Financial Freedom and Innovation Act, revises cryptocurrency laws to prohibit governing authorities from using central bank digital currency and restricts their participation in tests of such currency. The act allows individuals and businesses to accept digital assets as payment and to use self-hosted or hardware wallets for custody. It also permits the use of digital assets and blockchain protocols, with specific certification requirements for network tokens.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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