Fabio
93 lines
6.8 KiB
Markdown
93 lines
6.8 KiB
Markdown
---
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type: "Bill"
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title: "Cryptocurrency"
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description: "AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING CHAPTER 47 TO TITLE 34 SO AS TO PROHIBIT A GOVERNING AUTHORITY FROM ACCEPTING OR REQUIRING PAYMENT USING CENTRAL BANK DIGITAL CURRENCY OR PARTICIPATING IN A TEST OF CENTRAL BANK DIGITAL CURRENCY; TO PERMIT INDIVIDUALS OR BUSINESSES USING DIGITAL CURRENCY FOR TRANSACTIONS; TO PROVIDE THAT DIGITAL ASSETS MAY NOT BE SINGLED OUT FOR DISPARATE TAX TREATMENT; TO PROVIDE THAT DIGITAL CURRENCY TRANSACTION MAY BE TAXED IF THE TAXATION IS THE SAME AS IF THE TRANSACTION USED UNITED STATES LEGAL TENDER; TO RESTRICT CERTAIN ACTIVITY FOR DIGITAL CURRENCY OPERATIONS THAT ARE ZONED FOR INDUSTRIAL USE; TO PROVIDE THAT DIGITAL ASSET MINING BUSINESS OPERATIONS SHALL NOT PLACE ANY ADDITIONAL STRESS ON THE ELECTRICAL GRID FOR WHICH THEY ARE CONNECTED AND TO PROVIDE THAT DIGITAL MINING BUSINESSES MUST PROVIDE CERTAIN INFORMATION TO THE PUBLIC SERVICE COMMISSION UPON REQUEST; TO PROVIDE THAT THOSE ENGAGED IN DIGITAL MINING OPERATIONS DO NOT HAVE TO OBTAIN CERTAIN LICENSES AND THAT THOSE WHO PROVIDE CERTAIN SERVICES RELATED TO DIGITAL MINING OR STAKING ARE NOT OFFERING A SECURITY; TO PROVIDE THAT THE ATTORNEY GENERAL CAN PROSECUTE AN INDIVIDUAL OR BUSINESS THAT FRAUDULENTLY CLAIM TO BE OFFERING DIGITAL ASSET MINING AS SERVICE OR STAKING AS A SERVICE; AND TO DEFINE NECESSARY TERMS. - RATIFIED TITLE"
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jurisdiction: "us/states/sc"
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legislature: "South Carolina General Assembly"
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session: "2025-2026"
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identifier: "S 163"
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citation: "South Carolina S 163 (2025-2026)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["Leber", "Verdin"]
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version_count: 9
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action_count: 26
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vote_count: 2
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first_action: "2025-01-14"
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last_action: "2026-06-05"
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source: "openstates"
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source_identifier: "ocd-bill/a2a2d3d6-a4fc-4523-9bb7-984dd7678c24"
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source_url: "https://www.scstatehouse.gov/billsearch.php?billnumbers=163&session=126&summary=B"
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source_hash: "ae2824902cc04b6e4d762c60fc70fbfadfb54070f2568f2c5e17495e227d8357"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-sc"]
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---
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# South Carolina S 163 (2025-2026) — Cryptocurrency
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AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING CHAPTER 47 TO TITLE 34 SO AS TO PROHIBIT A GOVERNING AUTHORITY FROM ACCEPTING OR REQUIRING PAYMENT USING CENTRAL BANK DIGITAL CURRENCY OR PARTICIPATING IN A TEST OF CENTRAL BANK DIGITAL CURRENCY; TO PERMIT INDIVIDUALS OR BUSINESSES USING DIGITAL CURRENCY FOR TRANSACTIONS; TO PROVIDE THAT DIGITAL ASSETS MAY NOT BE SINGLED OUT FOR DISPARATE TAX TREATMENT; TO PROVIDE THAT DIGITAL CURRENCY TRANSACTION MAY BE TAXED IF THE TAXATION IS THE SAME AS IF THE TRANSACTION USED UNITED STATES LEGAL TENDER; TO RESTRICT CERTAIN ACTIVITY FOR DIGITAL CURRENCY OPERATIONS THAT ARE ZONED FOR INDUSTRIAL USE; TO PROVIDE THAT DIGITAL ASSET MINING BUSINESS OPERATIONS SHALL NOT PLACE ANY ADDITIONAL STRESS ON THE ELECTRICAL GRID FOR WHICH THEY ARE CONNECTED AND TO PROVIDE THAT DIGITAL MINING BUSINESSES MUST PROVIDE CERTAIN INFORMATION TO THE PUBLIC SERVICE COMMISSION UPON REQUEST; TO PROVIDE THAT THOSE ENGAGED IN DIGITAL MINING OPERATIONS DO NOT HAVE TO OBTAIN CERTAIN LICENSES AND THAT THOSE WHO PROVIDE CERTAIN SERVICES RELATED TO DIGITAL MINING OR STAKING ARE NOT OFFERING A SECURITY; TO PROVIDE THAT THE ATTORNEY GENERAL CAN PROSECUTE AN INDIVIDUAL OR BUSINESS THAT FRAUDULENTLY CLAIM TO BE OFFERING DIGITAL ASSET MINING AS SERVICE OR STAKING AS A SERVICE; AND TO DEFINE NECESSARY TERMS. - RATIFIED TITLE
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **Filed** (filed) — [source](https://www.scstatehouse.gov/sess126_2025-2026/bills/163.htm)
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2. **01/14/2025** (committee substitute) — [source](https://www.scstatehouse.gov/sess126_2025-2026/prever/163_20250114.htm)
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3. **01/27/2025** (committee substitute) — [source](https://www.scstatehouse.gov/sess126_2025-2026/prever/163_20250127.htm)
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4. **03/04/2025** (committee substitute) — [source](https://www.scstatehouse.gov/sess126_2025-2026/prever/163_20250304.htm)
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5. **03/05/2025** (committee substitute) — [source](https://www.scstatehouse.gov/sess126_2025-2026/prever/163_20250305.htm)
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6. **04/23/2026** (committee substitute) — [source](https://www.scstatehouse.gov/sess126_2025-2026/prever/163_20260423.htm)
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7. **04/29/2025** (committee substitute) — [source](https://www.scstatehouse.gov/sess126_2025-2026/prever/163_20250429.htm)
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8. **04/30/2025** (committee substitute) — [source](https://www.scstatehouse.gov/sess126_2025-2026/prever/163_20250430.htm)
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9. **05/05/2025** (committee substitute) — [source](https://www.scstatehouse.gov/sess126_2025-2026/prever/163_20250505.htm)
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## Votes
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- Passage of Bill — **110–1** (pass) · lower
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- 2nd Reading — **38–1** (pass) · upper
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## Sponsors
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- Leber — primary (person)
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- Verdin — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2025-01-14** Introduced and read first time `introduction, reading-1`
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- **2025-01-14** Referred to Committee on Banking and Insurance `referral-committee`
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- **2025-01-14** Introduced and read first time `introduction, reading-1`
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- **2025-01-14** Referred to Committee on Banking and Insurance `referral-committee`
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- **2025-01-27** Scrivener's error corrected
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- **2025-03-04** Committee report: Favorable with amendment Banking and Insurance `committee-passage-favorable`
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- **2025-03-05** Scrivener's error corrected
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- **2025-04-29** Committee Amendment Adopted `amendment-passage`
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- **2025-04-30** Scrivener's error corrected
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- **2025-05-01** Read second time `reading-2`
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- **2025-05-01** Roll call Ayes-38 Nays-1
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- **2025-05-05** Scrivener's error corrected
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- **2025-05-06** Read third time and sent to House `passage, reading-3`
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- **2025-05-06** Introduced and read first time `introduction, reading-1`
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- **2025-05-06** Referred to Committee on Labor, Commerce and Industry `referral-committee`
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- **2026-04-23** Committee report: Favorable Labor, Commerce and Industry `committee-passage-favorable`
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- **2026-04-28** Debate adjourned
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- **2026-04-29** Debate adjourned
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- **2026-04-30** Debate adjourned until Tues., 5-5-26
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- **2026-05-05** Read second time `reading-2`
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- **2026-05-05** Roll call Yeas-110 Nays-1
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- **2026-05-06** Read third time and enrolled `passage, reading-3`
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- **2026-05-14** Ratified R 131
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- **2026-05-19** Signed By Governor `executive-signature`
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- **2026-06-05** Effective date 05/19/26
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- **2026-06-02** Act No. 208
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/a2a2d3d6-a4fc-4523-9bb7-984dd7678c24`. Confidence: reported (aggregated from official South Carolina legislature records).
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