#South Carolina

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#South Carolina

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South Carolina Passes Pro-Crypto Law Protecting Bitcoin, Self-Custody and Banning CBDCs

South Carolina Passes Pro-Crypto Law Protecting Bitcoin, Self-Custody and Banning CBDCs

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South Carolina has passed a new pro-crypto law that protects Bitcoin and other digital assets from discriminatory tax treatment, strengthens self-custody rights, supports mining activity, and blocks state authorities from using or testing central bank digital currencies (CBDCs). No special crypto tax penalties Self-custody rights protected Mining support and a CBDC ban Governor Henry McMaster […]

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South Carolina Bans CBDCs, Protects Bitcoin Self-Custody in New Crypto Law

South Carolina Bans CBDCs, Protects Bitcoin Self-Custody in New Crypto Law

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South Carolina has put a clear stake in the ground against central bank digital currencies while giving Bitcoin self-custody, crypto payments, and blockchain development a lot more legal breathing room. Self-custody rights protected CBDC participation banned for state agencies Mining and blockchain work get licensing relief More clarity for crypto users, builders, and businesses Governor […]

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South Carolina Proposes $1M Bitcoin Investment with H4256 Bill

South Carolina Proposes $1M Bitcoin Investment with H4256 Bill

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South Carolina’s Bold Leap: Proposing a Million Bitcoin Investment South Carolina is setting the stage for a groundbreaking financial experiment with the introduction of the “Strategic Digital Assets Reserve Act” (H4256). This ambitious bill would empower the state treasurer to allocate up to 10% of certain state-managed funds into Bitcoin and other digital assets, capped […]

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South Carolina Dismisses Coinbase Lawsuit, Proposes Bitcoin Investment Bill

South Carolina Dismisses Coinbase Lawsuit, Proposes Bitcoin Investment Bill

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South Carolina Drops Lawsuit Against Coinbase, Embraces Crypto with New Legislation Is South Carolina paving the way for a crypto-friendly future? The state’s recent actions suggest so, as it has not only dropped its lawsuit against Coinbase but also introduced a bold new bill to invest in Bitcoin. South Carolina dismisses lawsuit against Coinbase over […]

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