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

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


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 […]

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