South Carolina enacts pro-crypto law, bans CBDC payments
South Carolina has passed a law that prohibits state and local governments from accepting central bank digital currency payments. The legislation also provides protections for cryptocurrency mining and staking operations, creating a more favorable regulatory environment. This makes South Carolina one of the most pro-crypto states in the U.S.
- ▪The law, tracked as HB 4256, blocks CBDC payments by state and local government entities.
- ▪It eases zoning regulations for cryptocurrency mining facilities.
- ▪Mining and staking services are defined as non-securities under this law.
Opening excerpt (first ~120 words) tap to expand
South Carolina enacts pro-crypto law, bans CBDC payments The Palmetto State joins a growing coalition of states drawing a line against central bank digital currencies while rolling out the welcome mat for crypto miners. Share Add us on Google by Editorial Team May. 20, 2026 South Carolina has introduced legislation that blocks state and local government entities from accepting or requiring payments made in a central bank digital currency. The law also carves out meaningful protections for cryptocurrency mining and staking operations, making it one of the more comprehensive pro-digital-asset statutes to emerge from a US state legislature this year. What the law actually does The legislation, tracked as HB 4256, has two primary thrusts.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Crypto Briefing.