South Dakota lawmakers defer bill allowing state to invest in Bitcoin

From Cointelegraph

February 24, 2025 04:31:20 PM:

The House bill allowing US state to invest in Bitcoin was deferred until after legislative session.

The bill was introduced to give the state the option to invest public funds in the cryptocurrency.

The bill was postponed due to concerns about the volatility and risks associated with investing in Bitcoin.

Supporters believe investing in Bitcoin could generate significant returns for the state.

Read more at Cointelegraph: South Dakota lawmakers effectively kill proposed Bitcoin bill