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One More American State Introduces Bitcoin Reserve Bill to Hedge Against Inflation

  • The Strategic Digital Assets Reserve Act (H4256) has been introduced in South Carolina.
  • The bill aims to allocate up to 10% of state-held funds into Bitcoin as a hedge against inflation and economic instability.
  • The legislation allows for public disclosure of wallet addresses and emphasizes the use of cold wallets or certified custodians for storage.
  • South Carolina residents can make voluntary Bitcoin contributions, promoting digital asset adoption in the state.

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