Revise cryptocurrency laws to create Financial Freedom and Innovation Act
This bill, known as the Financial Freedom and Innovation Act, updates Montana's cryptocurrency laws to allow businesses and individuals to accept digital assets as payment and use self-hosted wallets without restriction. It prohibits government authorities from accepting central bank digital currency or participating in related testing, while permitting businesses to operate blockchain nodes, develop software, and engage in staking activities. The legislation requires network token issuers to provide detailed information to the state securities commissioner and limits annual sales of these tokens to $250 million, with provisions for foreign entities to register as Montana corporations to qualify for exemptions.
Bill status
introduced
1 of 4 stages cleared
Introduction
Sep 2024
Committee Review
Floor Vote
Governor
Introduced Sep 27, 2024
Last action Feb 4, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
9
Key actions
0
Committee
0
0 primary · 0 co-sponsors
Sponsors
No sponsor information available.
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