Arkansas Senate Panel Advances Bill to Block CBDC Recognition Under State Law
LITTLE ROCK, Ark. (Jan. 30, 2025) – A bill that would explicitly prevent a central bank digital currency (CBDC) from being classified as “money” or a “deposit account” under Arkansas’ Uniform Commercial Code (UCC) cleared a key hurdle...
Arizona Senate Panel Advances Bill to Block CBDC as Legal Tender and Money
PHOENIX, Ariz. (Jan. 29, 2025) – On Monday, an Arizona Senate Committee passed a bill that would expressly exclude a central bank digital currency (CBDC) from the definition of money and legal tender in the state, creating potentially significant roadblocks to its use...
South Carolina Bill Would Take First Steps Against a CBDC
COLUMBIA, S.C. (Jan. 23, 2025) – A bill introduced in the South Carolina Senate would take the first steps toward limiting the impact of any potential future central bank digital currency (CBDC) in the state. Sen. Danny Verdin filed Senate Bill 163 (S163). The...