Articles for tag: Bitcoin investment, cryptocurrency legislation, Digital Assets, Logan Manhart, South Dakota, state funds, U.S. law

Market News

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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