The new law prohibits government agencies in Alabama from accepting a CBDC as payment, and from participating in any testing of a CBDC by the Federal Reserve.
The post Now in Effect: Alabama Law Takes Small Step Against a Potential CBDC first appeared on Tenth Amendment Center.
Most efforts to stop federal programs miss the mark in a big way. Instead of striking the root, they hack at branches, often setting the stage for more of the same in the future.
The post Swing and a Miss: ATF, CBDC, Dept of Education first appeared on Tenth Amendment Center.
The law prohibits using a “digital currency tracker” to track an individual’s purchases or location through the use by an individual of digital currency without a warrant or unless the individual consents to the tracking. The law explicitly states that digital currency includes central bank digital currency (CBDC).
The post Now in Effect: Arkansas Law Limits Tracking Using Central Bank Digital Currencies first appeared on Tenth Amendment Center.
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.
The post Now in Effect: Indiana Law Bans use of a CBDC as Money in the State first appeared on Tenth Amendment Center.
The law explicitly excludes a CBDC from the definition of money in Florida, effectively banning its use as such in the state.
The post Now in Effect: Florida Law Removes CBDC from the Definition of Money first appeared on Tenth Amendment Center.
The new law prohibits government agencies in Alabama from accepting a CBDC as payment, and from participating in any testing of a CBDC by the Federal Reserve.
The post Signed as Law: Alabama Takes Small Step Against a Potential CBDC first appeared on Tenth Amendment Center.
A bill introduced in the South Carolina Senate would expressly exclude a central bank digital currency (CBDC) from the definition of money in South Carolina, creating potentially significant roadblocks to its use as such in the state.
The post South Carolina Bill Would Exclude CBDC from Definition of Money in the State first appeared on Tenth Amendment Center.
As support for state efforts against a central bank digital currency ramps up, we’re starting to hear what opponents have to say. You probably won’t be surprised to learn that much of it is based on their view that federal supremacy is the answer to everything.
The post States vs CBDC: Here Comes the Opposition first appeared on Tenth Amendment Center.
A bill introduced in the Ohio House would explicitly exclude a central bank digital currency (CBDC) from the definition of money in Ohio, effectively banning its use as such in the state.
The post Ohio Bill Would Ban the Use of a Central Bank Digital Currency as Money in the State first appeared on Tenth Amendment Center.
A bill introduced in the South Carolina House would explicitly exclude a CBDC from the definition of money in South Carolina, effectively banning its use as such in the state.
The post South Carolina Bill Would Exclude CBDC from Definition of Money in the State first appeared on Tenth Amendment Center.