July 21, 2024

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North Carolina Governor Vetoes Bill Banning State Use of Central Bank Digital Currencies

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North Carolina Governor Vetoes Bill Banning State Use of Central Bank Digital Currencies
North Carolina Governor Vetoes Bill Banning State Use of Central Bank Digital CurrenciesThe governor of the U.S. state of North Carolina has vetoed House Bill 690, which seeks to ban state payments using central bank digital currencies (CBDCs) and the state’s participation in the Federal Reserve’s CBDC testing. The governor argued the bill was premature and emphasized the need for more funding for cybersecurity. House Bill 690 […]