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via Cointelegraph · By Cointelegraph Staff

South Carolina Governor Signs Bill Protecting Bitcoin Miners and Banning CBDC Payments

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Cointelegraph Staff

(11:21 AM UTC)

1 min read

Updated byDavid Kim

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South Carolina Governor Henry McMaster signed Senate Bill 163 into law on Tuesday, advancing one of the most crypto-friendly state-level frameworks in the country.

The bill, which previously passed the Senate 38-1 and the House 110-1, bans state agencies from accepting central bank digital currencies (CBDCs), protects the rights of crypto users and miners, and clears regulatory hurdles for…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Cointelegraph Staff · Cointelegraph

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