Policy Reference

South Carolina

Crypto law profiles, official sources, milestones, and related coverage for South Carolina.

United States
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1 law profile

Law / Bill
Draft Intro Committee Passed Enacted Effective
Strategic Digital Assets Reserve Act of South Carolina (H. 4256) H. 4256 In committee Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Current Passed Passed: Pending Enacted Enacted: Pending Effective Effective: Pending

Sponsored by Rep. Jordan S. Pace (R)

TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ENACTING THE "STRATEGIC DIGITAL ASSETS RESERVE ACT OF SOUTH CAROLINA" BY ADDING ARTICLE 5 TO CHAPTER 5, TITLE 11 SO AS TO PROVIDE THAT THE STATE TREASURER MAY INVEST IN CERTAIN DIGITAL ASSETS AND TO PROVIDE THAT THE STATE TREASURER SHALL DEVELOP CERTAIN POLICIES.

South Carolina H. 4256 would authorize the State Treasurer to invest certain state funds in digital assets, including Bitcoin, subject to allocation caps, custody controls, reporting, audits, and a September 1, 2035 sunset.

Last action: Mar 27, 2025 - Introduced and read first time; referred to the House Committee on Ways and Means.

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