South Dakota lawmaker proposes two Bitcoin Reserve bills, eyes 10% state fund allocation

South Dakota Representative Logan Manhart made two new legislative proposals on Jan. 30 aimed at incorporating Bitcoin (BTC) into the state’s investment strategy. House Bill 1202 (HB 1202) would al...

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South Dakota lawmaker proposes two Bitcoin Reserve bills, eyes 10% state fund allocation

Source: CryptoSlate

South Dakota Representative Logan Manhart made two new legislative proposals on Jan. 30 aimed at incorporating Bitcoin (BTC) into the state’s investment strategy. House Bill 1202 (HB 1202) would allow the state to allocate 10% of its public funds to Bitcoin. Meanwhile, House Concurrent Resolution 6006 (HCR 6006) urges the State Investment Council to explore […]