The legislation would explicitly exclude a CBDC from the definition of money in Ohio, effectively banning its use as such in the state.
The post Ohio Bill Would Ban Use of a Central Bank Digital Currency as Money in the State first appeared on Tenth Amendment Center.
The legislation in both chambers would explicitly exclude a CBDC from the definition of money in Florida, effectively banning its use as such in the state.
The post Florida Committees Pass Bills to Ban Use of a Central Bank Digital Currency in the State first appeared on Tenth Amendment Center.
The legislation would explicitly exclude a CBDC from the definition of money in Florida, effectively banning its use in the state.
The post Florida Bill Would Ban Use of a Central Bank Digital Currency in the State first appeared on Tenth Amendment Center.
LITTLE ROCK, Ark. (April 14, 2023) – On Tuesday, Arkansas Gov. Sarah Huckabee Sanders signed a bill into law that prohibits tracking an Individual through the use of digital currency without a warrant in most cases. Rep. Robin Lundstrum (R) and Sen. Jonathan Dismang (R) introduced House Bill 1720 (HB1720) on March 27. The law […]
The post Signed as Law: Arkansas Limits Tracking Using Central Bank Digital Currencies first appeared on Tenth Amendment Center.
The legislation would prohibit 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 bill explicitly states that digital currency includes central bank digital currency (CBDC).
The post To the Governor: Arkansas Passes Bill to Limit Tracking Using Central Bank Digital Currencies first appeared on Tenth Amendment Center.
The legislation would prohibit 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 bill explicitly states that digital currency includes central bank digital currency (CBDC).
The post Arkansas House Passes Bill to Limit Tracking Using Central Bank Digital Currencies first appeared on Tenth Amendment Center.
The legislation would explicitly exclude a CBDC from the definition of money in Florida, effectively banning its use in the state.
The post Florida Bill Would Ban Use of a Central Bank Digital Currency in the State first appeared on Tenth Amendment Center.
Under the proposed law, businesses providing "basic needs, selling or offering for sale goods or services during regular business hours" would be prohibited from requiring payment by a central bank digital currency. It would also bar them from prohibiting the use of cash.
The post Oklahoma House Passes Bill That Would Help Minimize the Impact of Central Bank Digital Currencies first appeared on Tenth Amendment Center.
The legislation would require the state comptroller to establish a digital currency that is fully backed by gold and redeemable in cash or gold as well. The comptroller would also be required to create a mechanism to use this gold-backed digital currency in everyday transactions.
The post Texas Bill Would Create State-Issued Gold-Backed Digital Currency first appeared on Tenth Amendment Center.
The only thing that can actually keep them in check and stop this dystopian nightmare is opposition and resistance. Can states help get the job done? Too early to tell, but the time to push back is right now. Florida, New Hampshire, Missouri, and Texas with ideas and first steps.
The post CBDC: Can States Stop a Central Bank Digital Currency? first appeared on Tenth Amendment Center.