South Carolina Passes Law Banning CBDCs While Protecting Crypto Users, Bitcoin Miners

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South Carolina has passed a law banning Central Bank Digital Currencies (CBDCs) while safeguarding the rights of crypto users, developers, and Bitcoin miners. The legislation, signed into law on Tuesday, provides a protective framework for the industry, allowing it to thrive without government-controlled digital currencies, setting a precedent for other states to follow, potentially reshaping the US crypto landscape.