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Home Blockchain

South Carolina Joins the Bitcoin Revolution

by DigestWire member
March 28, 2025
in Blockchain, Crypto Market, Cryptocurrency
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South Carolina Joins the Bitcoin Revolution
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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.

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