SouthDakota
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South Dakota's Crypto Future Begins Today! ๐๐ฐ
๐ South Dakotaโs Bitcoin Reserve Bill Under Review Today! ๐ฅ
A groundbreaking Bitcoin reserve bill is set for a key hearing in the Commerce and Energy Committee today. This legislation could play a major role in shaping South Dakotaโs approach to crypto regulation. ๐โก
๐ Will this move drive wider Bitcoin adoption? Stay updated as the bill progresses! ๐๐ก
#bitcoin #CryptoLaw #SouthDakota #Binance #BTC
๐ South Dakotaโs Bitcoin Reserve Bill Under Review Today! ๐ฅ
A groundbreaking Bitcoin reserve bill is set for a key hearing in the Commerce and Energy Committee today. This legislation could play a major role in shaping South Dakotaโs approach to crypto regulation. ๐โก
๐ Will this move drive wider Bitcoin adoption? Stay updated as the bill progresses! ๐๐ก
#bitcoin #CryptoLaw #SouthDakota #Binance #BTC
#bitcoin ๐ฅSouth Dakota Rejects Bitcoin Investment Bill ๐$BTC
HB 1202, introduced by State Representative Logan Manhart on January 30, proposed amending the classification of public funds to permit up to 10% investment in Bitcoin.#SouthDakota
Despite the billโs failure, Manhart announced plans to reintroduce it in 2026.#Bitcoinhaving
Several other states have faced similar outcomes when attempting to establish Bitcoin reserves. Legislative efforts in North Dakota, Montana, and Wyoming have also failed. #BitcoinWarnings
However, state governments in Florida, Arizona, Utah, Ohio, Missouri, and Kentucky have ongoing Bitcoin-related proposals under consideration.#TheBitcoinAct
HB 1202, introduced by State Representative Logan Manhart on January 30, proposed amending the classification of public funds to permit up to 10% investment in Bitcoin.#SouthDakota
Despite the billโs failure, Manhart announced plans to reintroduce it in 2026.#Bitcoinhaving
Several other states have faced similar outcomes when attempting to establish Bitcoin reserves. Legislative efforts in North Dakota, Montana, and Wyoming have also failed. #BitcoinWarnings
However, state governments in Florida, Arizona, Utah, Ohio, Missouri, and Kentucky have ongoing Bitcoin-related proposals under consideration.#TheBitcoinAct
๐ฃHappening Now๐ฅ
#LoganManhart โคต๏ธ
๐ฃ๏ธIntroduces Bill to Create #StrategicBitcoinReserves in #SouthDakota
๐ฉThe most important states that we are definitely waiting for to submit to the Bitcoin Strategic Reserve Project are #NewYork #California ,and Washington.
$BTC
#LoganManhart โคต๏ธ
๐ฃ๏ธIntroduces Bill to Create #StrategicBitcoinReserves in #SouthDakota
๐ฉThe most important states that we are definitely waiting for to submit to the Bitcoin Strategic Reserve Project are #NewYork #California ,and Washington.
$BTC
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South Dakota Proposes Bitcoin Reserve Fund Legislation โ A Widespread Trend in the U.S.
#SouthDakota is preparing to debate a bill to include Bitcoin in the stateโs financial reserve, a move that reflects the state's official recognition of cryptocurrency. This is also part of a growing trend in the U.S., as many states are proposing similar policies.
South Dakota Pioneers in Holding Bitcoin
Logan Manhart, a South Dakota state representative, stated on X on Tuesday:
South Dakota Pioneers in Holding Bitcoin
Logan Manhart, a South Dakota state representative, stated on X on Tuesday:
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Update on Bitcoin Legislation in U.S. States
Legislative activity related to Bitcoin in the U.S. continues to show notable developments.
๐น State #ohio : A group of Representatives has just proposed a bill to eliminate state tax on payments made in Bitcoin. If passed, this policy could encourage the use of BTC as a legal means of payment in the state.
๐น State #SouthDakota : The Bitcoin Reserve bill HB 1202, which proposed including Bitcoin in the state's financial reserves, was not approved by the House Committee on Commerce and Energy. This decision somewhat reflects the challenges of recognizing BTC as a strategic asset at the state level.
These moves indicate a division in how states in the U.S. approach Bitcoin, with some areas looking to promote BTC acceptance, while others remain cautious.
#anhbacong
Legislative activity related to Bitcoin in the U.S. continues to show notable developments.
๐น State #ohio : A group of Representatives has just proposed a bill to eliminate state tax on payments made in Bitcoin. If passed, this policy could encourage the use of BTC as a legal means of payment in the state.
๐น State #SouthDakota : The Bitcoin Reserve bill HB 1202, which proposed including Bitcoin in the state's financial reserves, was not approved by the House Committee on Commerce and Energy. This decision somewhat reflects the challenges of recognizing BTC as a strategic asset at the state level.
These moves indicate a division in how states in the U.S. approach Bitcoin, with some areas looking to promote BTC acceptance, while others remain cautious.
#anhbacong
See original
#RUU #cadangan #strategis #Bitcoin #SouthDakota failed in committee (9-3), but Rep. Logan Manhart plans to reintroduce it next year.
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Bitcoin is Increasingly Being Accepted by U.S. States as a Strategic Asset
The acceptance of Bitcoin in the United States is entering a new phase as more states are considering legislation regarding holding BTC as a strategic asset. According to updates from @Bitcoin_Laws, there are currently 13 states in the process of discussing these legal frameworks.
Some notable developments:
#Montana : The bill allowing the state to invest in Bitcoin has passed the review stage in committee and is set to be voted on by the House.
Some notable developments:
#Montana : The bill allowing the state to invest in Bitcoin has passed the review stage in committee and is set to be voted on by the House.
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