South Dakota lawmaker reintroduces bill to allow state investment in Bitcoin

A South Dakota state representative has reintroduced legislation that would permit the state to invest up to 10% of its public funds in Bitcoin, according to Cointelegraph. The bill, HB 1155, introduced by Representative Logan Manhart, seeks to amend state law to authorize the state's investment council to allocate the funds. The move follows a similar bill Manhart introduced in January of last year, which was ultimately rejected by the state legislature.