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The new law prohibits state agencies from accepting payments made with a central bank digital currency for any service, tax, license, permit, fee, information, or other amount due the governmental body. It also bars government agencies from requiring payments to be made with a central bank digital currency.

The Arizona Senate passed a bill that would expressly exclude central bank digital currency (CBDC) from the definition of legal tender and money in the state, creating potentially significant roadblocks to its use as such in Arizona.

U.S. Federal Reserve analysts have warned of "some potential" for the dollars role as a medium of exchange to be eroded with the rise of well-designed foreign CBDCs.

The legislation would prohibit a state governmental agency from accepting a payment using central bank digital currency. It would also bar all state governmental agencies from participating in any test of central bank digital currency.

Trump has replaced his negative view of bitcoin with a more neutral stance in an effort to sway pro-crypto Democrats and Independents to his side.

The legislation would prohibit state agencies from accepting payments made with a central bank digital currency for any service, tax, license, permit, fee, information, or other amount due the governmental body. It would also bar government agencies from requiring payments to be made with a central bank digital currency.

Few see opportunity for crypto assets as an investment avenue for Africa.

Today, the South Dakota Senate gave final approval to the second of two bills to reject a central bank digital currency (CBDC), removing it from the definition of money in the state and banning the state from accepting it as payment.

JACKSON, Miss. (Feb. 21, 2024) – A bill filed in the Mississippi House would expressly exclude a central bank digital currency (CBDC) from the definition of money in the state, creating potentially significant roadblocks to its use as such in the state. Rep. Becky Currie introduced House Bill 1294 (HB1294) on Feb. 19. Under the

Bitcoin trail blazed the interest and development of digital money.
As a result, the drive for a cashless society with fiat currency being replaced with CB