News with the tag "south dakota"

Lawmakers from a second US state this week have rejected a bill proposing using Bitcoin ( BTC ) as an officially held state asset. South Dakota lawmakers voted on Tuesday to defer South Dakota HB1202, essentially putting down the proposal. The bill was deferred to the 41st legislation day of the 40-...

A legislative proposal aimed at allowing South Dakota to allocate a portion of its public funds into Bitcoin has been halted. 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 cryptoc...

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. House Bill 1202, the ambitious piece of legislation aiming to allocate a portion of s...

South Dakota Representative Logan Manhart declared on February 4 that his state may soon become the first in the nation to pass a strategic Bitcoin reserve (SBR) bill, citing South Dakota’s notably short legislative session and an imminent deadline in mid-March. “South Dakota has one of the shortest...

Cryptocurrency is becoming more accessible across the U.S. with the expansion of digital currency kiosks to 45 new locations in the Southwest and Midwest. Yesway, a fast-growing convenience store chain, is partnering with Coinflip to bring crypto ATMs to its customers, offering a seamless and secure...

A 21-year-old from Indiana has pleaded guilty to cyber intrusion and cryptocurrency theft in a massive scheme targeting hundreds of victims. His actions involved stealing personal data and cryptocurrency worth over $37 million, with law enforcement crediting significant investigative efforts for his...

Evan Frederick Light faces up to 20 years behind bars for each charge, including conspiracy to commit wire fraud and launder monetary instruments.

In an endeavor to combat the disturbing misuse of artificial intelligence (A.I.) in cases related to child exploitation, South Dakota’s Attorney General, Marty Jackley, is leading a collective initiative. Alongside 53 fellow attorneys general from various states across the U.S., he has formally anno...

Not long ago, South Dakota Governor Kristi Noem vetoed a bill that would have paved the way for crypto regulation in her state. It was recently announced that the House of South Dakota has failed to override the veto, and thus digital currency legislation will not be making its way into the state an...