Progress

Current status
in force
02 May 2023 in force
17 Apr 2023 adopted
16 Jan 2023 under deliberation

Scope

Implementers
United States of America
Policy Area
Other operating conditions
Policy Instrument
Other operating condition, nes
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
legislature
Government Body
parliament
Implementation Level
subnational

Timeline of events

02 May 2023
in force

Implemented Act Revising Cryptocurrency Laws (SB 178)

On 2 May 2023, the Act Revising Cryptocurrency Laws (SB 178) entered into force upon being signed by the Governor of Montana. The Act classifies digital assets as personal property. Furthermore, the Act prohibits taxation on the use of digital asset…

Event type law
Action type implementation
Government branch legislature
Government body parliament
17 Apr 2023
adopted

Adopted Act Revising Cryptocurrency Laws (SB 178)

On 17 April 2023, an Act Revising Cryptocurrency Laws (SB 178) was adopted after being passed by the Senate and House of Representatives of Montana. The Act classifies digital assets as personal property. Furthermore, the Act prohibits taxation on t…

Event type law
Action type adoption
Government branch legislature
Government body parliament
16 Jan 2023
under deliberation

Introduced Act Revising Cryptocurrency Laws (SB 178)

On 16 January 2023, an Act Revising Cryptocurrency Laws (SB 178) was introduced into the Senate of Montana. The Act classifies digital assets as personal property. Furthermore, the Act prohibits taxation on the use of digital assets as a payment met…

Event type law
Action type introduction
Government branch legislature
Government body parliament