South Carolina’s S.163 became law after the governor signed it on May 19, following near-unanimous House and Senate votes. The law bars state and local authorities from accepting or requiring CBDC payments or joining federal CBDC pilots, while protecting digital asset payments, self-hosted wallets, and hardware wallets. It also blocks extra taxes based solely on crypto use, limits local restrictions on industrially zoned miners, and says mining, node operation, protocol software development, crypto-to-crypto swaps, mining-as-a-service, and staking-as-a-service do not automatically trigger money transmitter or securities treatment.

TLDR by @Benthic

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