South Dakota, USA, Pushes for Bitcoin Reserve Introduction

Uk Jin

Summary

South Dakota has announced the submission of a bill for strategic Bitcoin reserves.
At least 12 states in the United States have proposed bills for Bitcoin reserves.
State-level Bitcoin reserves are spreading across the United States.

A trend of strategic Bitcoin (BTC) reserves at the state level is spreading across the United States.

According to Decrypt, a cryptocurrency-focused media outlet, on the 29th, Logan Manhart, a member of the South Dakota House of Representatives, announced on X (Twitter) that "a bill proposing strategic Bitcoin reserves has been submitted to the South Dakota House of Representatives."

Currently, at least 12 states in the United States have proposed bills to strategically reserve Bitcoin.

BTC

Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.

South Dakota, USA, Pushes for Bitcoin Reserve Introduction

PiCK News

"Barometer of institutional sentiment"… Coinbase’s Q4 results flash a warning sign

"US government may face a 'partial shutdown' this weekend amid immigration policy dispute…Polymarket 70%"

"Bitcoin whale accumulation hits highest level since 2024…long positions increase amid bearish conditions"

Han Jeong-ae, DPK policy chief: "Pushing framework act covering limits on exchange ownership stakes and a bank-led stablecoin model"

With the Korea Communications Standards Commission effectively idle…unregistered crypto exchanges continue operating openly

Trending News