South Carolina Bill Backs Crypto, Blocks CBDC Payments

The post South Carolina Bill Backs Crypto, Blocks CBDC Payments appeared first on Coinpedia Fintech News

A new South Carolina bill aims to strengthen protections for cryptocurrency users while blocking state agencies from accepting or requiring payments using a central bank digital currency (CBDC). The proposal also supports digital asset mining businesses by removing certain licensing requirements and setting rules around energy oversight. The measure matters because it signals growing state-level support for crypto adoption and rising resistance to government-backed digital currencies. If passed, the bill could expand legal protections for crypto users and businesses operating in the state.