Utah House Passes Bill to Exclude CBDC from State Definition of Money
SALT LAKE CITY, Utah (Jan. 30, 2024) – Today, the Utah House unanimously passed a bill that would expressly exclude a central bank digital currency (CBDC) from the state’s definition of money, creating potentially significant roadblocks to its use as such...
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...
Ohio Bill Would Ban Use of a Central Bank Digital Currency as Money in the State
COLUMBUS, Ohio (April 24, 2023) – A bill introduced in the Ohio House would expressly exclude a central bank digital currency (CBDC) from the definition of money in Ohio, effectively banning its use as such in the state. Rep. Tom Young (R) and Rep. Steve...