A bill filed in the Idaho House would expressly exclude a central bank digital currency (CBDC) from the definition of money in the Idaho Uniform Commercial Code (UCC), and prohibit state agencies from accepting CBDC as a form of payment.
A bill filed in the Minnesota 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.
PHOENIX, Ariz. (Feb. 14, 2024) – On Monday, an Arizona Senate committee passed a bill that would expressly exclude central bank digital currency (CBDC) from the definition of legal tender in the state, creating potentially significant roadblocks to its use as such in the state. Sen. Jake Hoffman and five cosponsors introduced Senate Bill 1281
On Monday, an Oklahoma House committee unanimously passed a bill that 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.
The legislation would prohibit state governmental agencies from accepting a payment using central bank digital currency. It would also bar them from participating in any test of central bank digital currency.