Digital Dollar Project Responds To Trump's New CBDC Campaign Plank
The Digital Dollar Project (DDP), a nonprofit focused on central bank digital currency (CBDC), reacted in an interview to Donald Trump’s new anti-CBDC stance.
Source: forbes.com
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central bank digital currency: Govt, RBI actively engaged on digital currency: FinMin Nirmala Sitharaman
Finance Minister Nirmala Sitharaman stated that the government and the Reserve Bank are actively involved in enhancing the central bank digital currency (CBDC) for cross-border payments. The RBI initiated a pilot project for wholesale CBDC with nine banks, and a retail version of CBDC or e-rupee was launched on December 1, 2022.
Source: indiatimes.com
Utah Committee Passes Bill that Would Exclude CBDC from State Definition of Money
HB164 would specify that "a central bank digital currency is not specie legal tender and is not legal tender in the state," effectively excluding CBDC from the state's definition of money under the Utah Specie Legal Tender Act - and the state's Uniform Commercial Code (UCC).
Source: tenthamendmentcenter.com
Oklahoma Bills Would Exclude CBDC from State Definition of Money
Bills filed in the Oklahoma House and Senate 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 Oklahoma.
Source: tenthamendmentcenter.com
Mississippi Bill Would Take Steps Against a Central Bank Digital Currency
The legislation would expressly exclude a CBDC from the definition of money in Mississippi and prohibit state agencies from accepting CBDC as a form of payment.
Source: tenthamendmentcenter.com