South Carolina Bills Would Exclude CBDC From the State Definition of Money
COLUMBIA, S.C. (Dec. 12, 2024) – Bills introduced in the South Carolina House would expressly exclude a central bank digital currency (CBDC) from the definition of money under the Uniform Commercial Code (UCC), creating potentially significant roadblocks to its use as...
Michigan Bill Would Take First Steps Against a CBDC
LANSING, Mich. (Nov 18, 2024) – A bill filed in the Michigan House would take the first steps toward limiting the impact of any potential future central bank digital currency (CBDC) in the state. House Bill 6147 (HB6147) would prohibit a state governmental agency or...
Veto Override: North Carolina Takes First Step Against a Potential CBDC
RALEIGH, N.C. (Sept 10, 2024) – Yesterday, the North Carolina Senate overrode Governor Roy Cooper’s veto and gave final approval to a bill that will take a the first steps toward limiting the impact of any potential future central bank digital currency (CBDC) in...