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Montana House Says No to Bitcoin as State Reserve Asset

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Montana House Says No to Bitcoin as State Reserve Asset


Montana’s House of Representatives has voted against a proposal to designate Bitcoin as a state reserve asset.

This decision contrasts with Utah’s ongoing efforts to establish a Bitcoin reserve while Texas has held its first public hearing on the matter.

Concerns Over Investment Risks

Last Friday, Montana’s House decisively rejected House Bill No. 429, which aimed to create a special revenue account for investments in precious metals, stablecoins, and digital assets.

The proposal stipulated that eligible digital assets should have maintained an average market capitalization of over $750 billion in the past year, effectively positioning Bitcoin as a prime candidate.

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However, the bill faced strong opposition, particularly over concerns about the speculative nature and volatility of digital assets. Lawmakers were wary of exposing taxpayer funds to what they viewed as risky investments.

They argued that safeguarding public money was paramount and that digital assets did not offer sufficient stability or security to justify the risk.

Despite the opposition, some proponents of the bill argued that diversifying state investments could generate higher returns and enhance purchasing power. They contended that traditional bonds, while safer, offered lower yields, potentially diminishing the value of public funds over time.

Nonetheless, the majority of lawmakers prioritized caution, leading to the bill’s defeat by a 41-59 vote.

Utah Advances Bitcoin Reserve Bill

While Montana took a cautious stance, Utah is moving forward with its Bitcoin reserve initiative. As of February 19, the Blockchain and Digital Innovation Amendments bill (H.B. 230) was halfway through the legislative process after advancing to the state’s Senate Revenue and Taxation Committee.

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Introduced on January 21, 2025, the bill has gained significant momentum. It secured bipartisan support with an 8-1 vote in the House of Representatives.

If approved, Utah could become one of the first states to officially incorporate Bitcoin into its financial reserves. In turn, the development could set a trend for other states to follow.

Texas Bitcoin Reserve Hearing

Texas is also exploring the possibility of creating a state-backed Bitcoin reserve. On February 18, the state had its first public hearing to discuss the establishment of a Strategic Bitcoin Reserve (SBR).

The hearing was to provide a platform for policymakers to deliberate on the potential benefits and risks of investing in digital assets as part of the state’s financial strategy.

If the proposal gains traction, Texas could join the ranks of states actively incorporating Bitcoin into their investment portfolios.

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DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.



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Montana Supreme Court Decides International Child Custody Case – Transnational Litigation Blog

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Montana Supreme Court Decides International Child Custody Case – Transnational Litigation Blog


Image by Clker-Free-Vector-Images from Pixabay

The Uniform Child Custody Jurisdiction Enforcement Act discourages forum shopping in child custody disputes by assigning subject-matter jurisdiction to the court located in the “home state” of the child. In Allen v. Allen, decided on April 21, 2026, the Montana Supreme Court had to determine whether the child’s “home state” was Montana or the Netherlands. This case shines an important spotlight on the importance of timing in international child custody disputes. The left-behind parent’s likelihood of success is strongly correlated with how quickly he or she acts to vindicate their legal rights.

Facts

Jonathan Edward Allen (Father) and Petronella Gerline (Van Oosterom) Allen (Mother) were married in Colorado in 2009. Father is a United States citizen. Mother is a dual citizen of the United States and the Netherlands. Their child (R.A.A.) was born in 2015. In 2020, the family moved from Colorado to Montana.

In August 2023, after Father and Mother began having marital difficulties, Mother and R.A.A. relocated to the Netherlands. In February 2024, Mother filed a petition for divorce and custody with the District Court of Central Netherlands (Netherlands District Court).

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In January 2025, Father filed a petition with the District Court of The Hague seeking the return of R.A.A. pursuant to the Hague Convention on the Civil Aspects of International Child Abduction. This petition was denied. Although the court held that R.A.A. had been wrongfully removed from the United States, the court reasoned that the one-year automatic return period had passed and that R.A.A. had become settled in her new environment in the Netherlands. This decision was affirmed on appeal.

In September 2025, Father filed an Emergency Motion for Temporary Custody and Petition for Permanent Parenting Plan in Montana state court. That court dismissed the petition on the grounds that it lacked subject-matter jurisdiction. Specifically, it held that it lacked the power to adjudicate the dispute because Montana was no longer the “home state” of R.A.A. Father, acting pro se, appealed to the Montana Supreme Court.

Analysis

The Uniform Child Custody Jurisdiction and Enforcement Act (UCCJEA) assigns exclusive subject-matter jurisdiction to courts located in the child’s “home state” when it comes to matters relating to child custody. The “home state” is “the state in which a child lived with a parent or a person acting as parent for at least 6 consecutive months immediately before the commencement of a child custody proceeding.” The UCCJEA specifically provides that courts “shall treat a foreign country as if it were a state of the United States” for purposes of resolving these disputes.

On the facts presented in Allen v. Allen, the Montana Supreme Court correctly held that it lacked subject-matter jurisdiction to consider Father’s emergency motion. Mother and R.A.A. relocated to the Netherlands in August 2023. Six months later—in February 2024—R.A.A.’s home state shifted to the Netherlands. The Dutch courts—rather than the Montana courts—now had exclusive subject-matter jurisdiction to resolve custody disputes involving R.A.A. Father did not file his motion in Montana until September 2025, which was nineteen months too late.

Conclusion

If Father had filed his suit in Montana before February 2024, he could have shown that Montana was R.A.A.’s “home state” because the child had not yet resided in the Netherlands for six months. The suit was, however, not filed until September 2025.

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If Father had filed suit in the Netherlands before August 2024, he could have argued that R.A.A. should be returned to the United States pursuant to the Hague Convention on the Civil Aspects of International Child Abduction because the child had not yet resided in the Netherlands for a year. The suit was, however, not filed until January 2025.

The key takeaway of Allen v. Allen is the need for speed in international child custody cases. The timelines baked into the relevant laws and treaties mandate that the left-behind parent move quickly to assert their rights. If they are slow off the mark, they be forced to litigate in foreign courts under less favorable legal rules.



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Clark Fork River remains central to Missoula’s identity, conservation groups say

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Clark Fork River remains central to Missoula’s identity, conservation groups say


The Clark Fork River has long been a defining feature of Missoula, shaping the city’s culture, economy and outdoor lifestyle.

The river is so closely tied to the area that it helped inspire the well-known book and film “A River Runs Through It.” But local conservation advocates say its importance goes far beyond scenery.

“Without the Clark Fork River, Missoula would just be another town,” said Lisa Ronald, Northern Rockies associate conservation director for American Rivers. “We wouldn’t be the River City. I think we’re known in Montana as Missoula the River City, and it’s really because of the Clark Fork River and its central role in business, in economics, in recreation, that really makes Missoula the town that it is.”

Carmen Murill, a field organizer with Wild Montana, said the river is deeply woven into daily life for people who live in Missoula.

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“A lot of us would wonder what to do on a beautiful or a rainy summer day,” Murill said. “I mean, it’s really a lifeforce of town. And I think it’s pretty unique that Missoula, as a community is living and breathing on both sides of the river. It’s really like two downtowns but connected by the Clark Fork.”

Conservation groups say protecting the river begins with community involvement.

Advocates encourage residents and visitors to spend time outdoors, whether on a trail, in the woods or along the river, and to learn how they can become better stewards of the environment.



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Forstag secures democratic nomination for Western Montana Congressional District

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Forstag secures democratic nomination for Western Montana Congressional District


MISSOULA — Sam Forstag edged out Ryan Busse to secure the Democratic nomination in Montana’s 1st Congressional District.

Busse conceded the race to Forstag on Wednesday morning. Forstag had trailed behind Busse Tuesday evening, but he made up ground as the votes were counted into the early hours of Wednesday morning. The other two candidates in the race, Russl Cleveland and Matt Rains, are sitting at third and fourth, respectively.

Forstag leads in close race for Montana’s 1st Congressional District

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Forstag spent eight years as a wildland firefighter, including four as a smokejumper, and he’s been vice president of the local National Federation of Federal Employees union. Last week, U.S. House of Representative Alexandria Ocasio-Cortez, D-New York, held a rally in Missoula to support Forstag’s campaign.

He told MTN on Tuesday that his campaign has been for the working class.

“We got a whole lot of people here that have been working their tail off to finally get some working-class representation in Washington,” Forstag noted. “So proud of everything we’ve done and so grateful.”

Forstag further noted he wants Montanans to be able to afford groceries, have universal free childcare and restore and expand Affordable Health Care Act subsidies.

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“Hearing people’s stories and struggles and commonalities in the ways that we’re all fighting in the system that does not serve us so often, and the government serves corporations and the richest people in this country more than working people. It has been frustrating and saddening, but it has also inspired so much hope in me, like the fixes we can actually make,” he told MTN.

The 1st Congressional District covers much of western Montana, including Kalispell, Missoula, Butte and Bozeman. It is currently held by Rep. Ryan Zinke, R-Montana, who chose not to seek reelection.

By securing the nomination, Forstag is slated tol face off against Libertarian candidate Nick Sheedy and Republican candidate Aaron Flint in November. 





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