Artículos Relacionados con South Carolina

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Crypto Gains State-Level Support As South Carolina Bans Federal CBDCs

South Carolina has joined over a dozen U.S. states in enacting legislation to protect cryptocurrency rights. Governor Henry McMaster signed Senate Bill 163, which passed with near-unanimous support. The law prohibits state agencies from accepting or requiring payments in a Federal Reserve-issued central bank digital currency (CBDC) or participating in related pilot programs, though privately issued stablecoins like USDC remain permitted. Beyond the CBDC ban, the legislation establishes a broad framework for digital assets. It protects the right of individuals and businesses to accept cryptocurrencies as payment, formally recognizes self-hosted wallets, and prevents discriminatory taxation on digital asset transactions. The law also provides legal protections for crypto mining operations against unfair local regulations and exempts certain activities like node operation and staking services from money transmitter licensing. It includes consumer protection measures, allowing the state Attorney General to prosecute fraud in staking or mining services.

bitcoinist05/21 06:32

Crypto Gains State-Level Support As South Carolina Bans Federal CBDCs

bitcoinist05/21 06:32

South Carolina Enacts Crypto-Friendly Bill Into Law

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.

TheNewsCrypto05/20 12:14

South Carolina Enacts Crypto-Friendly Bill Into Law

TheNewsCrypto05/20 12:14

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