North Carolina Rejects Federal Digital Currency, Overrides Governor’s Veto
Submitted by Anonymous (not verified) on Wed, 09/11/2024 - 05:00
The North Carolina General Assembly has overridden Governor Roy Cooper’s veto to enact a bill prohibiting a central bank digital currency (CBDC) in the state. The Senate voted 27-17, securing the required supermajority. The bill bars payments using CBDC and state participation in Federal Reserve testing. This bill reflects strong opposition to CBDCs and emphasizes […]