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

The North Carolina General Assembly has overridden Governor Roy Cooper’s veto of a bill banning central bank digital currencies (CBDCs) in the state. The Senate voted 27-17, securing the necessary supermajority. The bill prohibits payments using CBDC and state participation in Federal Reserve testing. This bill reflects strong opposition to the CBDC and emphasizes (…)