South Carolina signs sweeping pro-Bitcoin law banning CBDCs
The 110-1 House vote and May 19 signature make South Carolina the most aggressive pro-Bitcoin state in the union.
Bitcoin (BTC) is the first decentralized cryptocurrency, introduced in 2009 by an individual or group operating under the pseudonym Satoshi Nakamoto. It runs on its own blockchain, the Bitcoin network, secured through a Proof of Work consensus mechanism in which miners use computing power to validate transactions and produce new blocks roughly every ten minutes. The protocol defines a hard cap of 21 million coins, and the block reward given to miners is automatically halved approximately every four years, embedding a predictable, disinflationary issuance schedule into the network. This scarcity, combined with permissionless access and resistance to censorship, has led many to characterize Bitcoin as a form of digital gold or a store of value distinct from traditional fiat currencies. Beyond peer-to-peer transfers, the Bitcoin ecosystem has expanded to include Ordinals, a method of inscribing data onto individual satoshis that enables NFT-like assets directly on the base layer, and BRC-20, an experimental fungible token standard built on those inscriptions. Emerging Bitcoin Finance (BTCFi) initiatives extend these capabilities further, allowing BTC to be used in staking, lending, and cross-chain security applications, positioning Bitcoin as a foundation for a broader decentralized financial ecosystem.
The 110-1 House vote and May 19 signature make South Carolina the most aggressive pro-Bitcoin state in the union.
The executive order does not unlock Fed master accounts overnight, but it converts the debate from legal gray zone into an active Fed review — with Kraken's March approval as the working template.
Three independent signals — realized cap stabilization, a top-three RHODL reading and one of the longest stretches of negative perp funding on record — all line up on the same February low.
671 $BTC (≈52M) moved from Coinbase Institutional to unknown wallet.
671 $BTC (≈52M) moved from Coinbase Institutional to unknown wallet.
The largest European exchange by traffic adds a dedicated UK venue, leaning on FPS for instant GBP deposits as it pushes into a tightly regulated retail market.
Galaxy Digital puts the bill's chance at 75% — up from a coin flip three weeks ago — and Wall Street is already positioning: the SEC drafts a tokenized-stock framework while Ripple, Chainlink, and…
Benjamin Cowen argues stablecoin dominance has broken out of a two-year base and is now backtesting it — a structure that historically took years to resolve and kept capital parked in stables rather…
The print matters less than the structure forming around it — a higher low off the prior capitulation and a tightening range signal positioning, not a clean reversal yet.
K33 Research is pushing back on bearish readings that lean on Bitcoin's breach of the 200-day moving average as a…
Flat price masks a divergence: futures open interest is sliding, XRP shorts are crowding the bounce, and Deribit flags long straddles as the cheap-vol trade into Nvidia earnings.
Ireland's Criminal Assets Bureau (CAB), working alongside Europol, has secured approximately 500 BTC believed to be…
One spot BTC ETF folds while Morgan Stanley's MSBT closes its debut month flat — a split-screen that captures how the post-launch window has hardened into a two-horse race with BlackRock and Fidelity.
Leveraged longs on Bitfinex climbed to 80,636 BTC — up 10% year-to-date while spot BTC fell 13% — a divergence that has historically marked accumulation, not euphoria.
Timothy Massad says U.S. officials are quietly exploring CBDC infrastructure through BIS Project Agora even as Washington publicly rejects a retail digital dollar, arguing global tokenization trends…
Galaxy Research now puts passage at three-in-four, and the timing — alongside the SEC's projected May framework drop — is what makes August 2026 read as a structural inflection for US crypto policy.
BitMEX's founder frames the market-structure bill as a Trojan horse for bank custody dominance, arguing Bitcoin's survival shouldn't depend on Wall Street's blessing.
648 $BTC (≈50.2M) moved from #Kucoin to unknown wallet.
The single deposit is the second-largest in BlackRock's spot BTC ETF programme and lands the same day spot products have pulled in nine straight sessions of net inflows.
Bitcoin trading like a high-beta risk asset should rally with stocks, not the other way around — the divergence is the story, and ETF outflows are the mechanism.
Bitcoin is the world's first decentralized cryptocurrency, created in 2009 by the pseudonymous Satoshi Nakamoto.
Bitcoin (BTC) launched on 2009-01-03.
Bitcoin (BTC) is categorised as: Smart Contract Platform, Layer 1 (L1), FTX Holdings.
The official Bitcoin site is http://www.bitcoin.org.
Most recent Bitcoin coverage: "South Carolina signs sweeping pro-Bitcoin law banning CBDCs" — read at /en-US/a/south-carolina-signs-cbdc-ban-and-zero-tax-bitcoin-law-in-a.