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Signed as Law: Arkansas Excludes CBDC from Definition of Money

Signed as Law: Arkansas Excludes CBDC from Definition of Money

by TAC News | Feb 14, 2025 | Federal Reserve, State Bills

LITTLE ROCK, Ark. (Feb. 14, 2025) – Yesterday Arkansas Gov. Sarah Huckabee Sanders signed a bill into law that explicitly prevents a central bank digital currency (CBDC) from being classified as “money” or a “deposit account” under...
Arkansas Senate Panel Advances Bill to Block CBDC Recognition Under State Law

Arkansas Senate Panel Advances Bill to Block CBDC Recognition Under State Law

by TAC News | Jan 30, 2025 | Federal Reserve, State Bills

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...
Signed by the Governor: Tennessee Law Excludes CBDC from Definition of Money and Deposit Account

Signed by the Governor: Tennessee Law Excludes CBDC from Definition of Money and Deposit Account

by Mike Maharrey | Apr 12, 2024 | Federal Reserve, State Bills

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),...
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