South Carolina Enacts Crypto-Friendly Bill Into Law

TheNewsCryptoPublicado a 2026-05-20Actualizado a 2026-05-20

Resumen

South Carolina Governor Henry McMaster has signed Senate Bill 163 into law, creating a crypto-friendly regulatory framework. The law shields digital asset mining businesses from restrictive local zoning changes without proper procedure and protects them from discriminatory regulations compared to other industrial businesses. It prohibits state agencies from adopting or participating in central bank digital currency (CBDC) trials. The legislation safeguards the right to self-custody of crypto assets, bans restrictions on hardware and self-hosted wallets, and prevents excessive taxation on cryptocurrency transactions. It also exempts miners, node operators, developers, and crypto-to-crypto traders from money transmitter licensing, and excludes mining/staking service providers from security classifications. South Carolina follows states like Kentucky in enacting pro-crypto legislation.

On Tuesday, South Carolina’s Governor Henry McMaster signed Senate Bill 163 into law, establishing a framework that is very favorable to cryptocurrency at the state level.

The bill reads:

“A political subdivision shall not change the zoning of a digital asset mining business without going through the proper notice and comment. A digital asset mining business may appeal a change in zoning to the proper court of jurisdiction.”

Shields from Restrictive Local Regulations

Protecting the rights of crypto users and miners and removing regulatory obstacles for companies working in the field, the measure prohibits state agencies from adopting central bank digital currencies (CBDCs) and has already passed the Senate 38-1 and the House 110-1.

Federal Reserve-led digital currency trials, including federal agency pilot projects, are illegal for any state agency or political subdivision to accept, require payment in, or participate in on CBDCs.

It safeguards the right to keep cryptocurrency assets in one’s own possession by prohibiting governments from imposing restrictions on hardware wallets and self-hosted wallets and from taxing cryptocurrency transactions at a rate greater than similar US dollar transfers.

Bitcoin miners in industrial zones will have special safeguards under the new law. In addition to the noise limitations imposed by general pollution regulations, local governments are unable to put additional restrictions on mining companies that do not apply to other nearby industrial enterprises.

Miners, node operators, blockchain software developers, and crypto-to-crypto traders are among the many sectors that are not required by law to get money transmitter licenses. Security categorization does not apply to companies who provide mining or staking as a service.

In taking a stand in favor of cryptocurrency, South Carolina is the latest state to do so. Last March, Kentucky approved the Bitcoin Rights law, which protects mining firms from discriminatory municipal regulations and guarantees self-custody rights.

Highlighted Crypto News Today:

Echo Protocol Suffers $76M eBTC Minting Attack

Preguntas relacionadas

QWhat did South Carolina's Governor Henry McMaster sign into law on Tuesday?

ASouth Carolina's Governor Henry McMaster signed Senate Bill 163 into law.

QWhat are two key protections the bill provides for Bitcoin miners according to the article?

AThe bill prohibits local governments from imposing additional restrictions on mining companies not applied to other industrial enterprises and shields miners from changes in zoning without proper notice and comment.

QWhat does the bill prohibit state agencies from doing regarding Central Bank Digital Currencies (CBDCs)?

AThe bill prohibits state agencies from adopting CBDCs, accepting them for payment, requiring payment in them, or participating in Federal Reserve-led digital currency trials or pilot projects.

QWhich cryptocurrency-related individuals or businesses are not required to obtain money transmitter licenses under the new law?

ABitcoin miners, node operators, blockchain software developers, and crypto-to-crypto traders are not required by law to get money transmitter licenses.

QWhich other state's legislation protecting Bitcoin rights is mentioned as being similar to South Carolina's new law?

AThe article mentions Kentucky, which approved the Bitcoin Rights law last March to protect mining firms and guarantee self-custody rights.

Lecturas Relacionadas

Why Are the Most Believers in AGI Buying NVIDIA Put Options?

The article analyzes the significant, market-moving 13F filing for Q1 2026 by Situational Awareness LP (SALP), a fund managed by former OpenAI researcher Leopold Aschenbrenner. While Aschenbrenner is a prominent believer in the accelerated arrival of AGI and has built the fund as a focused bet on AI infrastructure, the filing revealed large new put option positions (totaling billions in notional value) on key AI/semiconductor names like Nvidia, SMH ETF, Broadcom, and AMD. The article argues this is not a bearish turn on AI but a sophisticated hedging strategy. Given the macro backdrop in late March (rising oil prices, inflation concerns, higher-for-longer interest rates), the fund is managing volatility in its high-beta, high-valuation portfolio of AI infrastructure plays (like Bloom Energy, CoreWeave, Core Scientific). The puts act as "insurance" against a potential systemic pullback in the AI trade. Simultaneously, SALP maintained or added to core long positions in companies tied to power, data centers, compute, and storage—the "bottlenecks" expected to capture AI capital spending. It trimmed or exited some Q1 winners (e.g., Lumentum) and reduced leverage (e.g., selling CoreWeave calls), suggesting a rotation from crowded, high-momentum trades towards assets with clearer long-term fundamental pathways. The key takeaway is an evolution in the AI investment theme: from a broad, linear rally to a more discerning, "show-me-the-money" phase. The focus shifts from simply buying the AI narrative to identifying companies that can convert capex into tangible revenue, while actively managing portfolio risk in a volatile macro environment. The strategy reflects a move from unilateral bullishness to "offense with defense."

marsbitHace 10 min(s)

Why Are the Most Believers in AGI Buying NVIDIA Put Options?

marsbitHace 10 min(s)

Trump Pushes Digital Assets Into U.S. Banking System

President Trump has issued an executive order directing federal agencies to revise financial regulations to integrate digital assets and fintech into the traditional banking and payments system. The policy aims to streamline rules, lower barriers to entry, and encourage collaboration between fintech firms, banks, and regulators. A key directive is for financial regulators to identify and amend any rules that unfairly prevent fintech companies from partnering with federally regulated banks. Specifically, the order requires the Federal Reserve Board to evaluate its system for providing payment accounts and services to non-bank financial institutions. This review includes examining whether Federal Reserve banks can issue such accounts independently, which could benefit entities like Wyoming's Special Purpose Depository Institutions (SPDIs). The move follows recent limited master account access granted to the crypto exchange Kraken and ongoing Fed efforts to establish a more formal framework for such access.

TheNewsCryptoHace 19 min(s)

Trump Pushes Digital Assets Into U.S. Banking System

TheNewsCryptoHace 19 min(s)

AI Saved a Group of New Energy Investors

The article "AI Saves a Group of New Energy Investors" details a remarkable turnaround in the green energy investment sector, driven by its convergence with artificial intelligence infrastructure. After a prolonged downturn marked by valuation slumps and funding cold spells since 2022, the sector has experienced a dramatic resurgence in 2026. This shift is attributed to new policies, particularly the "AI-Energy Synergy" national strategy, which mandates green power and energy storage systems for new large-scale computing centers. This redefines green electricity and storage from traditional manufacturing into core, indispensable assets for AI's operational backbone, creating a new narrative where "computing power equals electricity, and green power equals assets." This paradigm change is reflected in surging market performance. Power stocks like Datang Power have seen massive gains, and green energy ETFs have recorded significant capital inflows. The IPO market is also active, with companies like Sige New Energy listing successfully. Investment and financing have accelerated sharply, with major expansion projects and large-scale IPOs like China Resources New Energy's record-breaking offering. Notably, some top projects have seen valuations rebound by approximately 60%. The article highlights that the previous industry trough became a prime investment window. With AI-driven demand predicted to create massive power shortfalls (e.g., a projected 55GW gap for data centers), sectors like energy storage, grid upgrades, and green power are seeing explosive growth. Investors are now prioritizing areas like power management, large-scale storage, virtual power plants, and supporting technologies like liquid cooling—the "pick-and-shovel" plays of the AI infrastructure boom. Examples like KKR's highly successful investment in cooling company CoolIT Systems underscore the lucrative opportunities. In conclusion, the integration with AI has sparked a fundamental revaluation of new energy assets. For investors who endured the sector's低谷, a harvest season has arrived, with the broader investment upswing seemingly just beginning.

marsbitHace 39 min(s)

AI Saved a Group of New Energy Investors

marsbitHace 39 min(s)

Learn Codex with the "Morning Briefing": Six Replicable Levels of Use

This article introduces a "Morning Briefing" as a simple, progressive framework for learning to effectively use Codex (an AI assistant), moving from basic information gathering to a more sophisticated, autonomous work partner. It outlines six actionable levels: **Level 1: Basic Information Query.** Start by simply asking Codex to check your Slack, Gmail, and Calendar to summarize what needs your attention today. **Level 2: Personalization with an Agents File.** Create a persistent file containing your default preferences for the briefing's format and content, so it's consistently useful. **Level 3: Automation.** Set the briefing to run automatically every weekday morning, creating a reliable starting point for your day. **Level 4: Project-Specific Briefings.** Instead of one overwhelming summary, create separate, dedicated threads for different projects (e.g., a launch, recruitment), each with its own focused briefing. **Level 5: Drafting Follow-Up Actions.** Elevate the briefing from a summary to an action starter by having it draft replies, prepare meeting notes, or highlight stalled decisions—ready for your review. **Level 6: Building a Memory System (Vault).** Integrate a knowledge vault (a structured file system) where important recurring information (project statuses, key people, decisions) is stored and updated. The briefing consults this vault to provide richer context and learns over time. The approach's strength is its incremental nature. Each level teaches a core Codex capability (connectors, personalization, automation, project context, assisted work, persistent memory) within a familiar, practical workflow, avoiding overwhelming theoretical concepts. It transforms a simple daily check-in into a personalized, evolving work operating system.

marsbitHace 1 hora(s)

Learn Codex with the "Morning Briefing": Six Replicable Levels of Use

marsbitHace 1 hora(s)

Japan To Recognize Foreign Stablecoins As Electronic Payment Instruments Starting June 1

Japan's Financial Services Agency (FSA) will officially recognize certain foreign trust-issued stablecoins as "electronic payment instruments" under its Payment Services Act, effective June 1, 2026. This amendment excludes qualifying foreign stablecoins from being classified as securities, allowing domestic licensed operators to handle them. To qualify, foreign issuers must be licensed under laws equivalent to Japan's, cooperate with FSA oversight, manage reserve assets under foreign law with proper audits, maintain anti-crime systems, and ensure the stablecoin and its reserves are in the same currency. Eligibility for reliable redemption at face value will be assessed case-by-case. This move expands Japan's stablecoin regulatory framework established in 2022, part of broader efforts to regulate crypto assets. Recent steps include classifying crypto as financial instruments, proposing a 20% flat tax on crypto income, and issuing joint guidance for crypto use in real estate transactions, emphasizing KYC and anti-money laundering checks.

bitcoinistHace 1 hora(s)

Japan To Recognize Foreign Stablecoins As Electronic Payment Instruments Starting June 1

bitcoinistHace 1 hora(s)

Trading

Spot

Futuros

Artículos destacados

Cómo comprar BILL

¡Bienvenido a HTX.com! Hemos hecho que comprar Billions Network (BILL) sea simple y conveniente. Sigue nuestra guía paso a paso para iniciar tu viaje de criptos.Paso 1: crea tu cuenta HTXUtiliza tu correo electrónico o número de teléfono para registrarte y obtener una cuenta gratuita en HTX. Experimenta un proceso de registro sin complicaciones y desbloquea todas las funciones.Obtener mi cuentaPaso 2: ve a Comprar cripto y elige tu método de pagoTarjeta de crédito/débito: usa tu Visa o Mastercard para comprar Billions Network (BILL) al instante.Saldo: utiliza fondos del saldo de tu cuenta HTX para tradear sin problemas.Terceros: hemos agregado métodos de pago populares como Google Pay y Apple Pay para mejorar la comodidad.P2P: tradear directamente con otros usuarios en HTX.Over-the-Counter (OTC): ofrecemos servicios personalizados y tipos de cambio competitivos para los traders.Paso 3: guarda tu Billions Network (BILL)Después de comprar tu Billions Network (BILL), guárdalo en tu cuenta HTX. Alternativamente, puedes enviarlo a otro lugar mediante transferencia blockchain o utilizarlo para tradear otras criptomonedas.Paso 4: tradear Billions Network (BILL)Tradear fácilmente con Billions Network (BILL) en HTX's mercado spot. Simplemente accede a tu cuenta, selecciona tu par de trading, ejecuta tus trades y monitorea en tiempo real. Ofrecemos una experiencia fácil de usar tanto para principiantes como para traders experimentados.

67 Vistas totalesPublicado en 2026.05.07Actualizado en 2026.05.12

Discusiones

Bienvenido a la comunidad de HTX. Aquí puedes mantenerte informado sobre los últimos desarrollos de la plataforma y acceder a análisis profesionales del mercado. A continuación se presentan las opiniones de los usuarios sobre el precio de BILL (BILL).