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South Carolina Bitcoin Reserves & Cryptocurrency Legislation

US State ยท SC
Friendly
State Holdings
โ€”BTC
Not substantially funded
Policy Stance
Friendly
Crypto legislation
State Code
SC
US State abbreviation
Last Updated
May 22, 2026
Verified data

South Carolina Bitcoin Reserve Overview

South Carolina H 4256 (2025) introduced a Bitcoin reserve framework. Under review.

South Carolina Legislative Breakdown

H 4256 (SC Bitcoin Reserve Act) introduced 2025.

South Carolina Strategic Bitcoin Reserve

Current status: PROPOSED โ€” reserve legislation under active consideration.

As of May 22, 2026, South Carolina's state treasury holds no Bitcoin directly. US state Strategic Bitcoin Reserves authorize the holding of Bitcoin but require separate legislative appropriation before a treasury is funded. The timeline below tracks every verified legislative milestone.

South Carolina Legislative Timeline

  • 2025-04-08
    PROPOSED
    SC H 4256 (Strategic Bitcoin Reserve Act) introduced.
    Bill: H 4256
    Read More โ†’

South Carolina Bitcoin Reserve FAQs

Does South Carolina have a state Bitcoin reserve?

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As of May 22, 2026: South Carolina H 4256 (2025) introduced a Bitcoin reserve framework. Under review.

How much Bitcoin does South Carolina hold?

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South Carolina's state treasury holds no Bitcoin directly as of May 22, 2026. Even where reserve legislation is enacted, a treasury is only funded after a separate legislative appropriation.

What is South Carolina's Bitcoin policy stance?

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South Carolina is classified as 'Friendly' on Bitcoin-related state legislation. Key legislation: H 4256 (SC Bitcoin Reserve Act) introduced 2025.

Has South Carolina passed a Strategic Bitcoin Reserve bill?

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See the South Carolina legislative timeline above for current bill status. As of May 22, 2026, only Arizona (HB 2749), New Hampshire (HB 302), and Texas (SB 21) have enacted state Strategic Bitcoin Reserve laws.

Is Bitcoin legal in South Carolina?

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Bitcoin is legal to buy, hold, and sell across all US states, including South Carolina, under federal law. State-level rules mainly govern money-transmitter licensing, consumer protection, and whether the state treasury may hold Bitcoin.

Is cryptocurrency taxed in South Carolina?

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Federal capital-gains tax applies to crypto nationwide. State tax treatment in South Carolina depends on whether it levies a state income tax; consult a qualified tax professional, as guidance evolves.

Is Bitcoin mining allowed in South Carolina?

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Bitcoin mining is generally permitted across US states, though South Carolina may apply energy, zoning, or noise regulation. Any mining-specific measures are noted in the legislative breakdown above.

Which US states have enacted Bitcoin reserve laws?

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Three states have enacted Strategic Bitcoin Reserve laws: Arizona (HB 2749, May 7 2025), New Hampshire (HB 302, May 6 2025), and Texas (SB 21, June 2025). Several others have active proposed legislation.

Can South Carolina's state treasury invest in Bitcoin?

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A state treasury can hold Bitcoin only if legislation explicitly authorizes it. South Carolina's current authority is reflected by its stance ('Friendly') and the key legislation listed above.

When was South Carolina's Bitcoin legislation last updated?

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This page reflects verified data as of May 22, 2026, sourced from official state legislative records (LegiScan) and signed gubernatorial press releases.

Where can I verify South Carolina's Bitcoin reserve information?

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All bill numbers, dates, and signatures are sourced from official South Carolina legislative records via LegiScan, the National Conference of State Legislatures, and gubernatorial press releases. Sources are linked at the bottom of this page.

Official Sources & Data References for South Carolina

All data on this page is compiled from primary, verifiable sources. Click any source below to verify directly.