South Carolina State Treasurer Travels To El Salvador To Learn About Bitcoin ...
Curtis Loftis and other SC officials spent five days in El Salvador experiencing first-hand the country’s Bitcoin adoption.A delegation from South Carolina, U.S. traveled to El Salvador to learn how the country’s recognition of bitcoin as legal tender is transforming its economy, per a release sent to Bitcoin Magazine. Business and technological leaders, healthcare officials and State Treasurer Curtis Loftis toured El Salvador for five days, traveling from one end of the country to the other. The delegation met with multiple local government officials to get an understanding of what....
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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.
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....
State representatives in South Carolina are particularly well-positioned to understand and support Bitcoin.
The state of South Carolina has gotten its first bitcoin ATM. Unveiled today, the Robocoin ATM is operated by a company called Southeast Bitcoin, who hope to bring bitcoin in the hands of those unfamiliar with the process of going through an exchange, and so forth. The machine in located in Charleston, South Carolina, and its first showcasing is at the Dig South Interactive Technology Festival. The ATM itself is located at the Charleston TD Arena. "Charleston is quickly becoming the Southeast's major hub for high-tech and innovation. It makes perfect sense for Charleston to be among the....
On Friday, the bitcoin mining operation Greenidge Generation Holdings announced the company is expanding to South Carolina in order to develop the firm’s next bitcoin mining facility. Greenidge details that the carbon-neutral Spartanburg facility will be ready in 2021 or early 2022. Bitcoin Miner Greenidge Generation Plans to Expand to South Carolina Spartanburg, South Carolina, the 12th most populous city in the state will be home to bitcoin miners by Q4 2021 or Q1 2022, according to Greenidge Generation Holdings. The Dresden, N.Y.-based firm signed a letter of intent with LSC....