South Carolina governor signs bill protecting Bitcoin miners, banning CBDC

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Source: South Carolina State House The law also exempts several activities from money transmitter licensing requirements, including mining, node operation, blockchain software development and crypto-to-crypto trading. Mining-as-a-service and staking-as-a-service providers are excluded from securities classification. Related: Polish lawmakers back revised crypto bill after repeated vetoes South Carolina joins a growing list of states staking out pro-crypto positions. Kentucky passed the Bitcoin Rights bill in March last year, guaranteeing self-custody rights and shielding mining operations from discriminatory local rules. Oklahoma, Arkansas, Florida, Mississippi, Montana, North Dakota, Louisiana and Arizona are among the states that have passed similar pieces of crypto legislation in recent years. Magazine: Will the CLARITY Act be good — or bad — for DeFi? More on the subject

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