A proposed law in South Carolina would increase protections for people who use cryptocurrency and prevent state agencies from accepting or demanding payments in a government-controlled digital currency. The bill also aims to encourage digital asset mining by simplifying licensing and establishing clear energy regulations. This is significant because it demonstrates increasing support for cryptocurrency at the state level and growing opposition to digital currencies issued by the government. If enacted, the law could provide greater legal security for both cryptocurrency users and businesses within the state.
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2026-05-20 10:28