South Carolina enacts pro-crypto law, bans CBDC payments

South Carolina legalized stronger protections for Bitcoin self-custody rights. The law blocks discriminatory crypto taxes and restrictive zoning measures. State agencies are banned from using or testing central bank digital currencies. South Carolina Governor Henry McMaster officially signed Senate Bill 163 into law. The new statutory change, people in the industry say, is a real […] The post South Carolina Signs New Bill Protecting Bitcoin Rights appeared first on Live Bitcoin News.

Senate Bill 163 bans CBDC payments by state agencies and shields Bitcoin miners from discriminatory zoning and licensing rules.

South Carolina Governor Henry McMaster has signed S. 163 into law, giving crypto users and businesses stronger legal protections. The law protects digital asset payments, self-custody through hard wallets and blocks additional state or local taxes on crypto used for payments. South Carolina has moved further into the pro-crypto column. Governor Henry McMaster signed S. [...]

South Carolina has passed a new cryptocurrency law that protects self-custody rights, limits state involvement with central bank digital currencies, and removes several licensing requirements tied to blockchain activity. South Carolina Governor Henry McMaster signed Senate Bill 163 into law…

Panetta's leadership at BIS may steer global financial regulation towards stricter crypto oversight and bolster CBDC development initiatives. The post Fabio Panetta elected Chair of Bank for International Settlements Board appeared first on Crypto Briefing.

The Bank of Korea says stablecoins could be widely used for payments. The bank warns that payment-use stablecoins tied to tokenized assets create new stability. The Bank of Korea is monitoring global rules and may push domestic policy changes. The Bank of Korea has announced plans to build a payment system centred on Central Bank […] The post Bank of Korea Unveils Bold CBDC Plan for Asset Tokenization appeared first on Live Bitcoin News.

The post Bank Of Korea Puts CBDC And Deposit Tokens Ahead Of Asset Tokens In Digital Currency Roadmap appeared on BitcoinEthereumNews.com. Bank Of Korea Puts CBDC And Deposit Tokens Ahead Of Asset Tokens In Digital Currency Roadmap Skip to content Home Crypto News Bank of Korea Puts CBDC and Deposit Tokens Ahead of Asset Tokens in Digital Currency Roadmap Source: https://bitcoinworld.co.in/bank-of-korea-cbdc-deposit-tokens-priority/

The House Freedom Caucus's push against CBDCs highlights growing privacy concerns and could boost demand for private digital currencies. The post House Freedom Caucus escalates fight over CBDC ban as FISA deadline approaches appeared first on Crypto Briefing.