Alabama Bill Would Ban Use of a CBDC as Money in the State
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...
Signed as Law: Indiana Bans use of a CBDC as Money in the State
INDIANAPOLIS, Ind. (May 10, 2023) – Last week, Indiana Gov. Eric Holcomb signed a bill into law to remove a central bank digital currency (CBDC) from the definition of money in the state. Sen. Chris Garten and a bipartisan coalition of 11 cosponsors introduced...
South Carolina Bill Would Ban use of a CBDC as Money in the State
COLUMBIA, SC. (May 3, 2023) – A bill introduced in the South Carolina House would expressly exclude a CBDC from the definition of money in South Carolina, effectively banning its use as such in the state. A group of 20 representatives led by Rep. Kathy Landing...