Articles for tag: Bitcoin, Cryptocurrency, House Bill 1202, Legislation, Logan Manhart, South Dakota, state investment

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Aberdeen Lawmaker Advocates for State Investment in Bitcoin to Boost Economic Growth and Modernize Financial Strategies

A local lawmaker in South Dakota, Rep. Logan Manhart, has introduced House Bill 1202, which aims to allow the state to invest in Bitcoin, a popular cryptocurrency. Manhart describes Bitcoin as a digital asset, likening it to “digital gold.” He believes that investing in Bitcoin could help protect against inflation, noting that many companies have ...

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