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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