Now in Effect: Arkansas Law Limits Tracking Using Central Bank Digital Currencies
LITTLE ROCK, Ark. (Aug. 1, 2023) – On Monday, an Arkansas law went into effect prohibiting tracking an individual through the use of digital currency without a warrant in most cases. Rep. Robin Lundstrum and Sen. Jonathan Dismang sponsored House Bill 1720 (HB1720)....
Signed as Law: Alabama Takes Small Step Against a Potential CBDC
MONTGOMERY, Ala. (June 20, 2023) – Last week, Alabama Governor Kay Ivey signed a bill into law that takes a small step toward pushing back against any potential future central bank digital currency (CBDC). Sen. Dan Roberts sponsored Senate Bill 330 (SB330). The...
South Carolina Bill Would Exclude CBDC from Definition of Money in the State
COLUMBIA, S.C. (June 20, 2023) – A bill introduced in the South Carolina Senate would expressly exclude a central bank digital currency (CBDC) from the definition of money in South Carolina, creating potentially significant roadblocks to its use as such in the state....