South Dakota has joined the growing list of U.S. states exploring Bitcoin adoption at the government level, as Representative Logan Manhart introduced a new bill that would allow the South Dakota State Investment Council to invest in Bitcoin. If passed, the legislation would place Bitcoin alongside traditional assets such as government securities, bonds, and exchange-traded funds within the states investment portfolio, signaling a major shift in how public funds could be managed.
South Dakota Lawmaker Proposes Bill to Allow State Investment in Bitcoin
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