South Dakota's Bitcoin Strategic Asset Bill Dead in Action

The South Dakota State Legislature has effectively rejected a bill to set up a Bitcoin strategic asset reserve. On the 24th (local time), according to industry sources, South Dakota lawmakers said they had rejected the bill.
The vote on the bill was postponed until the 41st day of the legislative session. Because legislative sessions usually don't last longer than 40 days, some analysts say this effectively means the bill has been scrapped.
The bill included provisions allowing state governments to allocate up to 10% of state public funds to Bitcoin.
Meanwhile, similar bills have been introduced in various states in the U.S., including North Dakota, Montana, and Wyoming, but were rejected in Florida, Arizona, Utah, and Ohio.
is still being debated in Parliament.