South Carolina has taken significant steps in the cryptocurrency landscape by proposing a new bill that would allocate up to 10% of certain public funds to Bitcoin investments. This follows the state's recent decision to dismiss a lawsuit against Coinbase, which alleged that the company was offering unregistered securities through its staking service. The dismissal allows Coinbase to fully resume its staking operations in South Carolina without facing fines or penalties. The proposed bill, introduced by state Representative Jordan Pace, aims to authorize an investment of up to 1 million Bitcoin into state funds, marking a notable shift in the state's approach to digital assets.