South Carolina Governor Signs Bill Protecting Bitcoin Miners and Banning CBDC Payments
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28 Articles
South Carolina has enacted a law that shields Bitcoin miners and prohibits state entities from accepting or using digital central bank coins (CBDC). It is one of the most friendly laws with the crypted ecosystem in the United States, at a time when several states are competing to attract companies in the sector. The norm, signed Tuesday by the governor, establishes clear protections for three key actors: Bitcoin miners, software developers and p…
Bitcoinist
Bitcoin InsiderCrypto Gains State-Level Support As South Carolina Bans Federal CBDCs
South Carolina is now one of more than a dozen US states that have passed laws protecting cryptocurrency rights — and it did so with almost no pushback. Governor Henry McMaster signed Senate Bill 163 on May 19, adding it to a growing stack of state-level digital asset laws that have quietly moved through Republican-controlled legislatures across the country. A Near-Unanimous Vote That Signals Shifting Ground The bill cleared the South Carolina S…
CBDC Pushback Grows as South Carolina Signs Pro-Crypto Law
South Carolina’s new law blocks state agencies from accepting or testing any federal CBDC. Governor McMaster signed S. 163, protecting crypto payments, self-custody wallets, and mining. The law exempts mining, node operations, on-chain apps, and crypto trading from licensing rules. South Carolina has moved further into the national digital asset debate after Governor Henry McMaster signed Senate Bill 163 into law. The measure creates a state fra…
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