Now in Effect: Indiana Law Bans use of a CBDC as Money in the State
INDIANAPOLIS, Ind. (July 1, 2023) β Today, an Indiana law to remove a central bank digital currency (CBDC) from the definition of money in the state went into effect. Sen. Chris Garten and a bipartisan coalition of 11 cosponsors introduced Senate Bill 468 (SB468) in...
Now in Effect: Florida Law Removes CBDC from the Definition of Money
TALLAHASSEE, Fla. (July 1, 2023) β 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 βdigital medium of exchange, or digital...
Ohio Bill Would Ban the Use of a Central Bank Digital Currency as Money in the State
COLUMBUS, Ohio (May 15, 2023) β 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...