BlockBeats News, January 28 — South Dakota State Representative Logan Manhart has once again introduced the Bitcoin Reserve Act HB 1155, which aims to amend state law to allow the state investment board to allocate up to 10% of public funds into Bitcoin. The bill is largely similar to the version proposed in 2025 but was shelved, with only minor modifications.
If passed and signed into law, South Dakota will join the small number of states that allow state-level allocation of Bitcoin. Currently, only Texas, Arizona, and New Hampshire have enacted relevant legislation. (Cointelegraph)
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