coin-img-ETHETH+1.71%coin-img-BTCBTC+1.69%coin-img-SOLSOL+2.17%coin-img-BITKBITK+0.00%coin-img-SOULCORESOULCORE+1,113.33%coin-img-XRPXRP+0.75%coin-img-USDCUSDC+0.00%coin-img-HYPEHYPE+7.56%coin-img-ETHETH+1.71%coin-img-BTCBTC+1.69%coin-img-SOLSOL+2.17%coin-img-BITKBITK+0.00%coin-img-SOULCORESOULCORE+1,113.33%coin-img-XRPXRP+0.75%coin-img-USDCUSDC+0.00%coin-img-HYPEHYPE+7.56%coin-img-ETHETH+1.71%coin-img-BTCBTC+1.69%coin-img-SOLSOL+2.17%coin-img-BITKBITK+0.00%coin-img-SOULCORESOULCORE+1,113.33%coin-img-XRPXRP+0.75%coin-img-USDCUSDC+0.00%coin-img-HYPEHYPE+7.56%coin-img-ETHETH+1.71%coin-img-BTCBTC+1.69%coin-img-SOLSOL+2.17%coin-img-BITKBITK+0.00%coin-img-SOULCORESOULCORE+1,113.33%coin-img-XRPXRP+0.75%coin-img-USDCUSDC+0.00%coin-img-HYPEHYPE+7.56%
user-avatar
Cryptonews

South Carolina Signs S.163 on May 19, 2026, Banning CBDCs and Setting Tax-Neutral BTC Rules

On May 19, 2026, South Carolina Governor Henry McMaster signed Senate Bill S.163 into law, banning state participation in any CBDC use or pilots while requiring tax-neutral treatment for digital-asset transactions. The measure passed the House 110-1 and includes protections for proof-of-work miners, self-custody, and limits on discriminatory local rules. Bitcoin traded around $77,000 as the article framed $75,000 as a key support and $80,000 as a potential recovery level.
BTC
BTC+1.69%
ETH
ETH+1.72%
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.
Trading