Signed by the Governor: Tennessee Law Excludes CBDC from Definition of Money and Deposit Account
NASHVILLE, Tenn. (April 12, 2024) – Yesterday, Tennessee Governor Bill Lee signed a bill into law that expressly excludes a central bank digital currency (CBDC) from the definition of money and a “deposit account” under the Uniform Commercial Code (UCC),...
To the Governor: Tennessee Bill to Exclude CBDC From the Definition of Money
NASHVILLE, Tenn. (April 2, 2024) – Yesterday, the Tennessee House gave final approval to a bill that would expressly exclude a central bank digital currency (CBDC) from the definition of money and a “deposit account” under the Uniform Commercial Code...
Missouri Senate Committee Passes Bill to Take Steps Against a CBDC
JEFFERSON CITY, Mo. (March 27, 2024) – Yesterday, a Missouri Senate committee passed a bill to limit the impact of a central bank digital currency (CBDC), removing it from the definition of money in the state UCC, and banning the state from participating in any...