South Carolina Governor signs pro-crypto, anti-CBDC bill into law
The Block·
60-second summary
South Carolina Governor signs pro-crypto, anti-CBDC legislation into law, banning state entities from accepting or requiring payments in CBDC and offering strong support for crypto mining operations. The bill aims to promote a favorable environment for cryptocurrency adoption and mining in the state, potentially attracting more investors and miners to the region.
The new legislation bans state entities from accepting or requiring payments in CBDC, and offers strong support for crypto mining.