How much does Montana’s congressional delegation hold in crypto assets?
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The week ending July 18 was dubbed “Crypto Week” by Republicans in the U.S. House intent on passing three bills sought by the private digital currency lobby.
The bills establish financial standards to both help the crypto industry get the federal regulator it prefers, while also setting legitimacy-enhancing terms for backing “stablecoin,” a kind of crypto backed by predictable assets like cash reserves.
Crypto has done well in the “D.C. swamp.” President Donald…
