South Dakota and Kentucky lawmakers to introduce Bitcoin reserve legislation
On January 29, according to Cryptoslate, South Dakota Congressman Logan Manhart announced that he would introduce a bill in the South Dakota House of Representatives to establish a strategic Bitcoin reserve. He added that this is one of the few opportunities for the government to take the initiative. At the same time, Kentucky Congressman TJ Roberts said he would also introduce similar legislation in his first week back at General Assembly.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Indiana congressman introduces legislation to allow retirement funds to buy Bitcoin ETFs
The US SEC has approved Canary Capital’s 19b-4 filing for its spot Litecoin ETF