HB1633

Oklahoma House Passes Bill That Would Help Minimize the Impact of Central Bank Digital Currencies

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.

Continue ReadingOklahoma House Passes Bill That Would Help Minimize the Impact of Central Bank Digital Currencies

Oklahoma Committee Passes Bill That Would Minimize the Impact of Central Bank Digital Currencies

Under the proposed law, a retail establishment would be prohibited from requiring payment by credit card or a central bank digital currency during normal business hours. Retail establishments also could not legally prohibit the use of cash, nor penalize cash customers.

The post Oklahoma Committee Passes Bill That Would Minimize the Impact of Central Bank Digital Currencies first appeared on Tenth Amendment Center.

Continue ReadingOklahoma Committee Passes Bill That Would Minimize the Impact of Central Bank Digital Currencies