South Carolina has enacted a law that prohibits state and local government entities from accepting or requiring payments in central bank digital currencies.
The legislation, HB 4256, also provides significant protections for cryptocurrency mining and staking operations. It eases zoning restrictions for mining facilities and defines mining and staking services as non-securities.
This makes South Carolina one of the most pro-digital-asset states in the US. A separate bill, S0163, further targets CBDC usage and protects digital asset transactions.
The State Treasurer's Office previously launched a Digital Assets Literacy Project to educate residents and policymakers about blockchain technology.