This is a news story, published by CoinGape, that relates primarily to Bill 1202 news.
For more Bill 1202 news, you can click here:
more Bill 1202 newsFor more crypto trading & speculation news, you can click here:
more crypto trading & speculation newsFor more news from CoinGape, you can click here:
more news from CoinGapeOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like crypto trading & speculation news, you might also like this article about
State Bitcoin Reserve Plan. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest Bitcoin Reserve Bill news, Bitcoin investment bill news, crypto trading & speculation news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
South Dakota lawmakersCoinGape
•Business
Business & Economics
78% Informative
House Bill 1202 , introduced by Representative Logan Manhart , sought to establish a Bitcoin reserve by permitting the state to invest up to 10% of its portfolio in the cryptocurrency.
Lawmakers deferred the bill, effectively killing the Bitcoin investment bill for this session.
The deferral reflects concerns about regulatory uncertainties, market volatility, and the risks associated with using public funds for cryptocurrency investments.
VR Score
72
Informative language
66
Neutral language
80
Article tone
formal
Language
English
Language complexity
60
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
3
Source diversity
3
Affiliate links
no affiliate links
