Bitcoin Breaks Into State Policy As South Dakota Weighs 10% Allocation

South Dakota has a new bill on the table that would let the state put up to 10% of certain public funds into Bitcoin. Reports say Rep. Logan Manhart filed House Bill 1155 this week, restarting an effort that stalled last year. Related Reading: PayPal Survey: 4 In 10 US Merchants Now Accept Crypto The measure would change state investment rules to give the State Investment Council explicit authority to hold Bitcoin in its portfolio source: https://www.newsbtc.com/news/bitcoin/bitcoin-breaks-into-state-policy-as-south-dakota-weighs-10-allocation/