South Carolina Joins the Bitcoin Revolution
3d ago•
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The post South Carolina Joins the Bitcoin Revolution appeared first on Coinpedia Fintech News
South Carolina has introduced the Bitcoin Reserve Bill (H4256), allowing the State Treasurer to invest up to 10% of state funds in Bitcoin, with a cap of 1 million BTC. If passed, this move would make South Carolina one of the first U.S. states to officially allocate public funds to Bitcoin. The bill reflects growing institutional interest in Bitcoin as a store of value, signaling a potential shift in how states manage their financial reserves.
3d ago•
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