South Dakota Lawmaker Makes Another Run at Bitcoin Reserve Bill
8 Articles
8 Articles
South Dakota revives bill to invest state funds in Bitcoin
South Dakota lawmakers are once again weighing whether Bitcoin should play a role in managing public funds. On Jan. 27, State Representative Logan Manhart reintroduced a bill that would allow South Dakota to invest a portion of its state-managed funds…
South Dakota Bill Proposes Allocating 10% of State Funds to Bitcoin
South Dakota lawmakers have introduced House Bill 1155, a proposal that would allow the state’s Investment Council to allocate up to 10% of public funds into Bitcoin. The measure marks the state’s most ambitious attempt yet to integrate digital assets into its tr
A state legislator presented a new project that would allow investment of public funds in Bitcoin, reactivating the debate on crypted reserves at the state level in the United States. *** The HB 1155 project would allow investment of up to 10% of state public funds in Bitcoin. The initiative is almost identical to a proposal presented and postponed in 2025. The debate is in parallel to federal efforts to create a Bitcoin strategic reserve. South…
Strategic Bitcoin Reserve: South Dakota Introduces Bill to Invest in BTC as U.S. States Explore Crypto
South Dakota has proposed a bill that will enable the state to invest its government revenues in Bitcoin (BTC), creating a Bitcoin Reserve in the process. The action is part of a rising trend among the U.S. states to adopt the flagship crypto as a reserve asset. South Dakota Eyes Bitcoin Reserve With New Bill The post Strategic Bitcoin Reserve: South Dakota Introduces Bill to Invest in BTC as U.S. States Explore Crypto appeared first on CoinGape.
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