South Dakota Rejects Bitcoin Reserve Bill Following Montana’s Lead

Quick Summary:

Despite being the largest digital currency in the world, Bitcoin faced a rejection from South Dakota lawmakers.

The US state followed the lead of Montana which also recently rejected the Bitcoin reserve bill concept.

Meanwhile, Bitcoin fell below $90,000 and it is trading above the $85K mark at press time.

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Article Details

Author / Journalist: Manisha Ailneni

Category: Crypto

Markets: United Arab EmiratesGeorgia

Topics: Market Updates Crypto regulation Bitcoin reserve Market News United States

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-25 @ 17:02:37 (14 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 348 words

Reading Time: 2 minutes read

Sentences: 31 lines

Sentence Length: 12 words per sentence (average)

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

Copyright Owner: © TheNewsCrypto

News ID: 26442826

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 47 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 12 hours ago

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