Crypto Gains State-Level Support As South Carolina Bans Federal CBDCs
South Carolina is now one of more than a dozen US states that have passed laws protecting cryptocurrency rights — and it did so with almost no pushback. Related Reading: Crypto AI Platform Bankr Locks Down System After Hacker Breaches 14 Crypto Wallets Governor Henry McMaster signed Senate Bill 163 on May 19, adding it […]
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State representatives in South Carolina are particularly well-positioned to understand and support Bitcoin.
A group of business leaders along with the South Carolina State Treasurer traveled to El Salvador to learn about the country’s adoption of bitcoin.
North Carolina is making a significant stride toward the integration of Bitcoin into its financial strategy. A recently introduced bill aims to enable the state treasurer to allocate a portion of public funds to digital assets, with a particular emphasis on BTC exchange-traded products (ETPs). North Carolina has become the 20th state in the United […]
Crypto-currency exchange Vault of Satoshi in early March announced they would be ceasing operations in the United States due to what was described as an "increasingly hostile" regulatory environment. On Thursday, the company announced (via Reddit) they would be recommencing operations in the United States, with a small catch. Only in one state for now. They write: We've said it again and again, "America, we're coming back!", we told you we were working every day to pursue our return to the US market and that shortly we'd be announcing our roll out on a state by state basis. The first state....
The state official reportedly used his own funds to pay for the trip, which included discussing Bitcoin with government officials and exploring financial literacy programs. Curtis Loftis, the treasurer for the U.S. state of South Carolina, spent five days in El Salvador as part of an “exploratory trip” on cryptocurrencies.According to an Oct. 5 announcement, Loftis was part of a delegation including South Carolina business leaders, rural health officials, and individuals “interested in the expansion of cryptocurrency and blockchain technologies” who met with officials from El Salvador’s....