BEAMSTART Logo

South Dakota Blocks Bold Bitcoin Bill: A Crushing Blow for Crypto Reserves?

BitcoinWorld LogoBitcoinWorld11h ago

South Dakota Blocks Bold Bitcoin Bill: A Crushing Blow for Crypto Reserves? - BitcoinWorld

Quick Summary:

In a surprising turn of events for digital asset enthusiasts, South Dakota lawmakers have pumped the brakes on a groundbreaking proposal that could have seen the state venture into the realm of Bitcoin investments.

This endorsement from a prominent political figure adds weight to the idea of digital asset reserves becoming a strategic consideration for nations and, by extension, states.

The ideas behind the bill, and the broader movement towards state Bitcoin reserves, are unlikely to vanish.


More Pictures

South Dakota Blocks Bold Bitcoin Bill: A Crushing Blow for Crypto Reserves? - BitcoinWorld (Picture 1)

or

Article Details

Author / Journalist: Editorial Team

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-24 @ 22:42:18 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 823 words

Reading Time: 5 minutes read

Sentences: 66 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 26406321

View Article Analysis

About BitcoinWorld

BitcoinWorld Logo

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 81 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 11 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #121

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "South Dakota Blocks Bold Bitcoin Bill: A Crushing Blow for Crypto Reserves?" has 823 words across 66 sentences, which will take approximately 4 - 7 minutes for the average person to read.

Which news outlet covered this story?

The story "South Dakota Blocks Bold Bitcoin Bill: A Crushing Blow for Crypto Reserves?" was covered 11 hours ago by BitcoinWorld, a news publisher based in India.

How trustworthy is 'BitcoinWorld' news outlet?

BitcoinWorld is a fully independent (privately-owned) news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 81 news stories per day.

It's most recent story was published 11 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #26406321
  • URL: https://chronographically.beamstart.com/news/south-dakota-blocks-bold-bitcoin-17404369579557

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2025 BEAMSTART. All Rights Reserved.