Odaily Planet Daily News According to a statement on January 28, lawmakers in Kentucky and South Dakota are preparing to introduce legislation to establish Bitcoin reserves in the coming weeks.
South Dakota Representative Logan Manhart announced that he will 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.
Meanwhile, Kentucky Representative TJ Roberts said he would introduce similar legislation in his first week back in the General Assembly.
It is understood that Wyoming and Massachusetts are the two most recent of the eight states that have introduced Bitcoin-related legislation since December 2024.