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Governor Kristi Noem of South Dakota has vetoed House Bill 1193, which sought to exclude cryptocurrencies from the state's definition of money. The governor believes that the bill would put South Dakota at a disadvantage and potentially lead to future overreach from the federal government in issuing a digital dollar. (Read More)
With its rapid bitcoin miner deployment at North Dakota operations, Great American Mining shows Bitcoin’s potential to solve energy crises.
The City of Williston expects to boost crypto payment volumes by installing a state-hosted crypto kiosk in the airport.
The South Dakota Bitcoin Reserve Bill has been postponed for further review and discussion. This bill, which aims to create a reserve for the cryptocurrency Bitcoin, has sparked debate and interest within the state’s legislative body. Supporters of the bill argue that establishing a Bitcoin reserve would provide a hedge against inflation and economic uncertainty. [...]
The post South Dakota legislators successfully block Bitcoin bill proposal appeared first on Crypto Breaking News.
According to Satoshi Action Fund CEO Dennis Porter, the North Dakota BTC bill already has 11 sponsors.
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