In a groundbreaking move, South Carolina’s Rep. Jordan Pace has introduced a bill that could see the state invest up to 10% of certain public funds in digital assets, starting with Bitcoin. This proposal marks a significant step towards incorporating cryptocurrency into public finance systems.

By embracing Bitcoin as a reserve asset, South Carolina opens the door to potential economic growth and innovation. Legislators believe this initiative can position the state at the forefront of the digital currency movement, reflecting a growing trend among various states. The conversation around integrating digital assets into governmental reserves will likely influence future financial policies across the nation.