North Carolina lawmakers overwhelmingly supported the bill, and could still overrule the governor North Carolina Governor Roy Cooper has vetoed a bill that would prevent the state from implementing a US Federal Reserve-issued central bank digital currency (CBDC). This decision comes despite the bill receiving overwhelming support in both the state’s House of Representatives and
Tag: cbdc
North Carolina lawmakers to ban CBDCs under new bill
The state follows Louisiana in ensuring that CBDCs aren’t welcome The General Assembly in North Carolina approved a bill on Wednesday that limits the state government’s use and acceptance of a central bank digital currency (CBDC) issued by the Federal Reserve. Following the Senate’s approval by a 39-5 vote, House Bill 690 passed the House
US lawmakers attempt to block CBDCs through legislation
Several lawmakers don’t want the Federal Reserve issuing digital currency The CBDC Anti-Surveillance State Act was passed by the House Financial Services Committee (HFSC) on Wednesday, preparing it for an upcoming vote on the House floor. The legislation authored by Congressman Tom Emmer seeks to ban the Federal Reserve from issuing individuals a Central Bank
Brazil’s new central bank digital currency has a new name
The South American country is advancing its state-run cryptocurrency plans The Central Bank of Brazil’s digital currency (CBDC), previously known as the “digital real,” now has an official new name: the Drex. The Central Bank of Brazil issued a press release on August 7, divulging and describing the new brand for its CBDC. The brand
Ron DeSantis wants CBDCs off the table
Central bank digital currencies defeat the purpose of having cryptocurrency Ron DeSantis, the Florida governor and a potential candidate for president, has vehemently voiced his opposition to the implementation of central bank digital currencies (CBDC). During a recent event in Iowa, he made it abundantly clear that in the event of his election as President