🇺🇸 LATEST: South Carolina doubles down on pro-crypto policy 🟠
What is happening?
• New law bans state entities from accepting or testing CBDC payments
• Protects crypto self-custody rights
• Includes protections for mining operations and blockchain infrastructure
$ETH • Expands state-level support for digital asset activity
$BNB What this suggests:
• U.S. states increasingly splitting on CBDC policy
$XRP • Self-custody becoming a major legislative focus
• Crypto-friendly jurisdictions competing for industry growth
Context:
• Several U.S. states have recently proposed or passed Bitcoin and crypto protection laws
• Debate around central bank digital currencies continues intensifying globally
📊 Market takeaway:
Bullish for decentralized crypto infrastructure. Legal protections for mining and self-custody reinforce the long-term narrative around financial sovereignty and permissionless blockchain networks.
#CBDC #CryptoPatience #USBTCStrategicReserve