South Carolina treasurer goes on Bitcoin 'fact-finding trip' to El Salvador
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....
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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.
Curtis Loftis and other SC officials spent five days in El Salvador experiencing first-hand the country’s Bitcoin adoption.
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 […]
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....
State representatives in South Carolina are particularly well-positioned to understand and support Bitcoin.