South Carolina Enacts Crypto-Friendly Bill Into Law

TheNewsCryptoОпубліковано о 2026-05-20Востаннє оновлено о 2026-05-20

Анотація

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

Пов'язані питання

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.

Пов'язані матеріали

Bitcoin Spot ETFs Bleed $1.26 Billion In Largest Net Outflows In 3 Months – Details

US Bitcoin Spot ETFs saw $1.26 billion in net outflows last week, marking the largest withdrawal since late January. The sector experienced six consecutive days of negative flows, with BlackRock's IBIT alone accounting for over $1 billion in net outflows. Overall, May has seen $1 billion leave these ETFs. Ethereum Spot ETFs also extended their outflow streak to 10 days, losing $215.19 million last week. Despite the capital flight, Bitcoin's price rose 1.75% to $76,735, while Ethereum increased 2.78% to $2,119 at the time of reporting.

bitcoinist4 год тому

Bitcoin Spot ETFs Bleed $1.26 Billion In Largest Net Outflows In 3 Months – Details

bitcoinist4 год тому

DeepSeek Announces Permanent Price Cut, But Liang Wenfeng Is Not Trying to Be a "Cyber Bodhisattva"

DeepSeek has announced a permanent 75% discount on its V4-Pro API, significantly reducing its token prices. This move stands out as a major industry-wide price cut while competitors like Anthropic, OpenAI, and Google have been quietly raising theirs. The article contrasts this strategy with the broader trend of AI becoming more expensive, citing examples of companies like Microsoft and Uber struggling with high token costs as usage soars. While CEO Liang Wenfeng is hailed by some as a "Cyber Bodhisattva" for this普惠 approach, the article argues this is a strategic business choice, not mere altruism. DeepSeek's ability to maintain low prices is attributed to several structural advantages: lower-cost AI talent in China, the impending use of domestic昇腾 hardware for further cost reductions, and, most critically, access to China's cheaper and more abundant energy infrastructure, which drastically reduces the electricity costs dominating AI operations. The analysis suggests that for many commercial applications, a "good enough" model that is radically cheaper (e.g., 1% to 11% of GPT-5.5's cost) is more valuable than the absolute top-tier model. This allows for vastly more experimentation and iteration within a budget. Therefore, as AI generally becomes more expensive, DeepSeek's cost-competitiveness—rooted in China's energy and talent advantages—becomes its core strategic value and differentiator in the global market.

marsbit8 год тому

DeepSeek Announces Permanent Price Cut, But Liang Wenfeng Is Not Trying to Be a "Cyber Bodhisattva"

marsbit8 год тому

Everyone Is Calling For Lower Bitcoin Price: Why This Is The Perfect Time To Go Parabolic

Crypto analyst Crypto Fergani argues that despite widespread bearish sentiment and calls for lower targets following Bitcoin's recent volatility, conditions are actually ripe for a parabolic surge. He points to major institutional accumulation and growing adoption as bullish fundamentals, dismissing the idea of an ongoing bear market. Comparing the current cycle to 2022, he predicts Bitcoin could rally over 72% from current levels above $74,000 toward $128,000, with altcoins potentially seeing massive gains. This contrasts with other analysts like Bee, who foresee a deeper correction toward $47,000-$52,000 as the final bottom before a new bull cycle begins.

bitcoinist9 год тому

Everyone Is Calling For Lower Bitcoin Price: Why This Is The Perfect Time To Go Parabolic

bitcoinist9 год тому

The Veil of Mythos Becomes Anthropic's Lever to Move Trillions

The article discusses Anthropic's reported upcoming $30 billion funding round, which would value the company at over $900 billion. It analyzes how the company has leveraged strategic narratives around its unreleased "Mythos" model, rather than just its publicly available products, to drive this massive valuation. Key points include Google's surprising $40 billion investment in a competitor, suggesting it is buying strategic positioning. Anthropic's "Glasswing" cybersecurity project and the unreleased Mythos model are portrayed not through direct proof, but through carefully crafted narratives of being "too powerful for public release," creating an aura of exclusive, high-level capability. This is bolstered by reports of the White House and NSA seeking access to Claude/Mythos despite previous security concerns, implying indispensable technology. Furthermore, Anthropic's reported rapid revenue growth—from a $1 billion annual run-rate in late 2024 to over $30 billion by April 2026, largely driven by enterprise API and Claude Code—provides a financial story for investors. The article concludes that Anthropic's core business model is effectively converting unverifiable technical potential, government interest, and future revenue projections into a compelling narrative that secures immense capital, using the actions of wealthy investors and powerful institutions as the ultimate validation of its worth.

marsbit10 год тому

The Veil of Mythos Becomes Anthropic's Lever to Move Trillions

marsbit10 год тому

Stablecoin Regulation: FDIC Announces New Proposed AML Rules For Issuers

The FDIC has proposed new rules to extend Bank Secrecy Act (BSA) and economic sanctions compliance standards to FDIC-supervised Permitted Payment Stablecoin Issuers (PPSIs). This would formally classify PPSIs as financial institutions, requiring them to implement full Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT) programs, OFAC-aligned sanctions compliance structures, and related reporting obligations. The proposal follows earlier prudential standards for PPSIs. Supervision would involve FDIC coordination with FinCEN, with enforcement shielded for entities with effective programs unless significant failures occur. The public comment period lasts until June 9, 2026, with a final rule expected later that year. The FDIC estimates 5-30 PPSIs may seek approval initially, with compliance costs likely modest due to leveraging parent companies' existing infrastructure.

bitcoinist10 год тому

Stablecoin Regulation: FDIC Announces New Proposed AML Rules For Issuers

bitcoinist10 год тому

Торгівля

Спот

Ф'ючерси

Популярні статті

Як купити BILL

Ласкаво просимо до HTX.com! Ми зробили покупку Billions Network (BILL) простою та зручною. Дотримуйтесь нашої покрокової інструкції, щоб розпочати свою криптовалютну подорож.Крок 1: Створіть обліковий запис на HTXВикористовуйте свою електронну пошту або номер телефону, щоб зареєструвати обліковий запис на HTX безплатно. Пройдіть безпроблемну реєстрацію й отримайте доступ до всіх функцій.ЗареєструватисьКрок 2: Перейдіть до розділу Купити крипту і виберіть спосіб оплатиКредитна/дебетова картка: використовуйте вашу картку Visa або Mastercard, щоб миттєво купити Billions Network (BILL).Баланс: використовуйте кошти з балансу вашого рахунку HTX для безперешкодної торгівлі.Треті особи: ми додали популярні способи оплати, такі як Google Pay та Apple Pay, щоб підвищити зручність.P2P: Торгуйте безпосередньо з іншими користувачами на HTX.Позабіржова торгівля (OTC): ми пропонуємо індивідуальні послуги та конкурентні обмінні курси для трейдерів.Крок 3: Зберігайте свої Billions Network (BILL)Після придбання Billions Network (BILL) збережіть його у своєму обліковому записі на HTX. Крім того, ви можете відправити його в інше місце за допомогою блокчейн-переказу або використовувати його для торгівлі іншими криптовалютами.Крок 4: Торгівля Billions Network (BILL)Легко торгуйте Billions Network (BILL) на спотовому ринку HTX. Просто увійдіть до свого облікового запису, виберіть торгову пару, укладайте угоди та спостерігайте за ними в режимі реального часу. Ми пропонуємо зручний досвід як для початківців, так і для досвідчених трейдерів.

177 переглядів усьогоОпубліковано 2026.05.07Оновлено 2026.05.07

Обговорення

Ласкаво просимо до спільноти HTX. Тут ви можете бути в курсі останніх подій розвитку платформи та отримати доступ до професійної ринкової інформації. Нижче представлені думки користувачів щодо ціни BILL (BILL).