South Carolina Governor Signs Bill Protecting Bitcoin Miners and Banning CBDC Payments
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20 Articles
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…
South Carolina Signs Pro-Crypto Bill Blocking CBDCs and Protecting Bitcoin Mining
South Carolina has signed a new pro-crypto bill that blocks the use of central bank digital currencies (CBDCs) at the state level while expanding legal protections for Bitcoin mining and self-custody rights. The legislation positions the state among a growing group of U.S. jurisdictions actively embracing digital asset activity while pushing back against federally controlled digital currency systems. According to reports, the new law prohibits s…
South Carolina joins 9 other US states in passing 'Bitcoin Rights' laws
South Carolina became the latest state to pass sweeping rules for digital currencies on May 19 when Governor Henry McMaster put his signature on a bill that sets up protections for people who use and mine cryptocurrency. The Senate Bill is added as Chapter 47 to South Carolina’s legal code. The bill was proposed in January 2024 and faced several hurdles before approval. It was backed by state senators with a 38-1 vote in May 2025, but was held u…
South Carolina Enacts Bitcoin, Crypto Friendly Law
South Carolina has enacted a new law aimed at establishing a clear and supportive framework for cryptocurrency use, marking one of the most comprehensive state-level efforts to date. Governor Henry McMaster signed Senate Bill 163 into law on May 19 after it passed the legislature with strong bipartisan support, clearing the Senate in a 38–1 vote and the House in a 110–1 vote. The measure amends the state’s legal code to define key digital asset …
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