South Carolina has passed S. Bill 163, banning state agencies from accepting CBDCs, protecting crypto self-custody rights, and exempting Bitcoin miners from money transmitter licensing requirements.

The new legislation bans state entities from accepting or requiring payments in CBDC, and offers strong support for crypto mining.

South Carolina bans CBDC payments by state entities and enacts strong protections for crypto mining and staking, joining a growing wave of pro-crypto US states.