{"id":69735,"date":"2026-01-28T17:01:37","date_gmt":"2026-01-28T17:01:37","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=69735"},"modified":"2026-01-28T17:01:37","modified_gmt":"2026-01-28T17:01:37","slug":"bitcoin-reserve-bill-returns-to-south-dakota-after-volatility-killed-it-last-year","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=69735","title":{"rendered":"Bitcoin Reserve Bill Returns To South Dakota After &#8216;Volatility&#8217; Killed It Last Year"},"content":{"rendered":"<div>\n<p>South Dakota Republican Representative <strong>Logan Manhart<\/strong> introduced House Bill 1155 Tuesday to allow the state to invest up to 10% of public funds in <strong>Bitcoin <\/strong><a href=\"https:\/\/www.benzinga.com\/quote\/BTC-USD\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"BTC\" data-exchange=\"CRYPTO\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>)\u2014one year after the legislature killed the identical bill over \u201cvolatility concerns.\u201d<\/p>\n<h3 class=\"wp-block-heading\">What\u2019s In The Bill<\/h3>\n<p>The bill <a href=\"https:\/\/www.theblock.co\/post\/387341\/south-dakota-bitcoin-reserve-bill?utm_source=twitter&amp;utm_medium=social\">allows<\/a> South Dakota\u2019s State Investment Council to invest up to 10% of eligible state funds in Bitcoin.<\/p>\n<p>The state can choose from three options: hold Bitcoin directly with exclusive state control, use qualified custodians like regulated banks, or buy regulated Bitcoin ETFs.<\/p>\n<p>The legislation includes strict security requirements.\u00a0<\/p>\n<p>The state must control its own private keys, store them in encrypted hardware across multiple secure locations, require multiple people to approve transactions, and conduct regular security audits.<\/p>\n<p>House Bill 1155 now <a href=\"https:\/\/sdlegislature.gov\/Session\/Bill\/26633\/298084\">moves<\/a> to the Committee on Commerce and Energy, which is the same committee that killed the identical &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/01\/50197825\/bitcoin-reserve-bill-returns-to-south-dakota-after-volatility-killed-it-last-year?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Bitcoin\" reserve bill returns to south dakota after killed it last year>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>South Dakota Republican Representative Logan Manhart introduced House Bill 1155 Tuesday to allow the state to invest up to 10% of public funds in Bitcoin (CRYPTO: BTC)\u2014one year after the legislature killed the identical bill over \u201cvolatility concerns.\u201d What\u2019s In The Bill The bill allows South Dakota\u2019s State Investment Council to invest up to 10% [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-69735","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/69735","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=69735"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/69735\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=69735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=69735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=69735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}