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TALLAHASSEE, Fla. (July 1, 2023) – Today, a law removing central bank digital currency (CBDC) from the definition of money in the state went into effect. Senate Bill 7054 (S7054) defines central bank digital currency as a “digital medium of exchange, or digital...
COLUMBUS, Ohio (May 15, 2023) – A bill introduced in the Ohio House would expressly exclude a central bank digital currency (CBDC) from the definition of money in the Uniform Commercial Code (UCC), effectively banning its use as such in the state. Rep Jennifer Gross...
COLUMBIA, S.C. (May 15, 2023) – A bill introduced in the South Carolina House would expressly exclude a CBDC from the definition of money in South Carolina, creating potentially significant roadblocks to its use as such in the state. A group of 41 representatives led...
TALLAHASSEE, Fla. (May 12, 2023) – Today, Florida Governor Ron DeSantis signed a bill into law that bans the use of a central bank digital currency (CBDC) as money in the state. Senate Bill 7054 (S7054) was approved for introduction in the Banking and Insurance...
MONTGOMERY, Ala. (May 12, 2023) – A bill introduced in the Alabama House would expressly exclude a CBDC from the definition of money in Alabama, effectively banning its use as such in the state. Rep. Ben Harrison introduced House Bill 408 (HB408) on May 2. The bill...