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