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Signed by the Governor: Two South Dakota Laws Take Steps Against a Central Bank Digital Currency

South Dakota Gov. Kristi Noem signed two bills into law 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. ....

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To the Governor: South Dakota Passes Two Bills to Take Steps Against a Central Bank Digital Currency

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. ....

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South Dakota House Passes Two Bills to Take Steps Against a Central Bank Digital Currency (CBDC)

HB1163 would expressly exclude a CBDC from the definition of money in South Dakota, and HB1161 would prohibit state agencies from accepting CBDC as a form of payment. ....

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South Dakota Senate Committee Passes Bill to Exclude CBDC from State Definition of Money

PIERRE, S.D. (Feb 1, 2024) – On Tuesday, a South Dakota Senate Senate committee 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 South Dakota. At the request of the South Dakota Department ....

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South Dakota Bill Would Exclude CBDC from State Definition of Money

A bill filed in the South Dakota Senate 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 South Dakota. ....

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