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States and individuals can stop a CBDC. It’s going to take hard work - and good strategy. The latter, we’ve got from the “father of the Constitution” - who gave us a four-step blueprint to stop federal programs without relying on the federal government to magically limit its own power.
The law makes a number of changes to Indiana's Uniform Commercial Code (UCC) including explicitly excluding a CBDC from the definition of money in Indiana, effectively banning its use as such in the state.
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The online survey, which runs until June 19, asks Canadians how they might use a digital loonie, and what security features they would like
The online survey, which runs until June 19, asks Canadians how they might use a digital loonie, and what security features they would like
Some well-intentioned opponents of a central bank digital currency are claiming that a new law in North Dakota will “eliminate its use and application” in the state. But a look under the hood tells us this is almost certainly not the case.