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Mining protection + self-custody legality + CBDC out, South Carolina directly provides a safe haven for the crypto industry, will other states follow?
The bill bans the state from using any Central Bank Digital Currency (CBDC) and prohibits state government involvement in CBDC testing;
at the same time, it allows individuals and businesses to accept digital assets for the purchase of legitimate goods or services,
and to store digital assets using self-custody wallets or hardware wallets.
The bill also protects digital asset mining operations that meet industrial land, noise, and power grid requirements,
and stipulates that miners, node operators, and blockchain software developers do not need money transfer licenses. (Decrypt)