North Carolina Rejects Federal Digital Currency, Overrides Governor’s Veto - News Club Updates

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Tuesday, September 10, 2024

North Carolina Rejects Federal Digital Currency, Overrides Governor’s Veto



North Carolina Rejects Federal Digital Currency, Overrides Governor's VetoThe 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 […]

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