South Carolina Signs Pro-Crypto Bill Blocking CBDC Payments

South Carolina has signed a major cryptocurrency-focused bill into law after Governor Henry McMaster approved Senate Bill 163 on May 19, creating one of the state's broadest digital asset regulatory frameworks. The legislation adds a new Chapter 47 to Title 34 of the South Carolina Code of Laws. It introduces legal protections covering digital asset usage, self-custody rights, cryptocurrency mining operations, and blockchain infrastructure providers.