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South Carolina Enacts Bitcoin-Friendly Law, Bans CBDC Use by State Entities

Bitcoin Magazine·
South Carolina Enacts Bitcoin-Friendly Law, Bans CBDC Use by State Entities
AI Analysis

South Carolina has passed a law to promote cryptocurrency use, specifically supporting Bitcoin while prohibiting the use of Central Bank Digital Currencies (CBDCs) by state entities. This legislation, signed by Governor Henry McMaster, reflects a strong bipartisan effort to create a favorable regulatory environment for digital assets.

Key Topics

BitcoinCBDCSouth CarolinaGovernor Henry McMaster

Originally reported by Bitcoin Magazine. Read the full article ↗

South Carolina Enacts Bitcoin-Friendly Law, Bans CBDC Use by State Entities | AI Crypto Daily Wire