Crypto EcoBlog
South Carolina is positioning itself as a pioneer in state-level Bitcoin adoption with House Bill H4256. This proposed legislation would allow the state to invest up to 10% of its managed funds in Bitcoin, aiming to hedge against inflation and diversify financial reserves.
NEW: SOUTH CAROLINA Bitcoin Reserve Bill
H4256 would allow the State Treasurer to invest 10% of state funds into Bitcoin.
The Bitcoin reserve would have a hard ceiling of 1 million BTC.
Sponsored by Rep. Jordan...