Henry McMaster · South Korea · White House · Federal Reserve (FED) · Bitcoin.com News
McMaster Signs Anti-CBDC Crypto Law, Protects Self-Custody Rights
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Henry McMaster signed S.163 into law this week, enacting one of the most wide-ranging state-level crypto protection bills in the country.
Key facts
- The Senate passed it in May 2025, and the House followed on May 5, 2026
- Elizabeth Warren sent a formal letter to OCC Comptroller Jonathan Gould on May 18, 2026, accusing the agency of…
- The legislation builds on earlier state efforts, including a Digital Assets Literacy Project established by the South Carolina State Treasurer’s Office under the 2022-2023 appropriations
- The legislation, formally designated R131 and adding Chapter 47 to Title 34 of the South Carolina Code of Laws, took effect immediately upon signing
Summary
McMaster signed S.163 into law, making South Carolina’s crypto protections among the strongest in the U.S. The bill passed 110-1 in the House and bans state agencies from accepting or testing any Federal Reserve central bank digital currency ( CBDC). South Carolina joins Texas and Florida in offering miners and blockchain operators zoning relief and licensing exemptions. The legislation, formally designated R131 and adding Chapter 47 to Title 34 of the South Carolina Code of Laws, took effect immediately upon signing.