South Dakota's HB 1155 proposes up to 10% Bitcoin in reserves, 28 January 2026

On 28 January 2026, South Dakota lawmakers advanced House Bill 1155 to let the State Investment Council allocate Bitcoin within state reserves. The bill caps exposure at 10% and permits direct custody, regulated custodians, or exchange-traded vehicles. It prioritizes institutional security controls, including key management, multi-party authorization, and audits.