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Now in Effect: Three South Dakota Laws Take Steps Against a Central Bank Digital Currency

Now in Effect: Three South Dakota Laws Take Steps Against a Central Bank Digital Currency

by Mike Maharrey | Jul 1, 2024 | Federal Reserve, State Bills

PIERRE, S.D. (July 1, 2024) – Today, three South Dakota laws go into effect that take steps to reject a central bank digital currency (CBDC). Rep. Mike Stevens and a bipartisan coalition of cosponsors introduced House Bill 1163 (HB1163) and House Bill 1161 (HB1161)....
Signed by the Governor: Two South Dakota Laws Take Steps Against a Central Bank Digital Currency

Signed by the Governor: Two South Dakota Laws Take Steps Against a Central Bank Digital Currency

by Mike Maharrey | Feb 28, 2024 | Federal Reserve, State Bills

PIERRE, S.D. (Feb 28, 2024) – Yesterday, South Dakota Gov. Kristi Noem signed two bills into law to reject a central bank digital currency (CBDC), removing it from the definition of money in the state and banning the state from accepting it as payment. Rep. Mike...
To the Governor: South Dakota Passes Two Bills to Take Steps Against a Central Bank Digital Currency

To the Governor: South Dakota Passes Two Bills to Take Steps Against a Central Bank Digital Currency

by Mike Maharrey | Feb 21, 2024 | Federal Reserve, State Bills

PIERRE, S.D. (Feb 21, 2024) – Today, the South Dakota Senate gave final approval to the second of two bills to reject a central bank digital currency (CBDC), removing it from the definition of money in the state and banning the state from accepting it as payment. Rep....
South Dakota House Passes Two Bills to Take Steps Against a Central Bank Digital Currency (CBDC)

South Dakota House Passes Two Bills to Take Steps Against a Central Bank Digital Currency (CBDC)

by Mike Maharrey | Feb 6, 2024 | Federal Reserve, State Bills

PIERRE, S.D. (Feb 6, 2024) – Yesterday, the South Dakota House passed two bills to reject a central bank digital currency (CBDC), removing it from the definition of money in the state and banning the state from accepting it as payment. Rep. Mike Stevens and a...
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