North Carolina House passes bill banning CBDC payments to the state

by Aurelia Butler 4 May 2023, 18:40 119 Views

In a May 3 vote, 118 members of the state’s legislative body agreed to pass House Bill 690, with only two representatives absent and none voting against the bill. The latest version of the legislation aimed to prohibit individuals from using CBDCs for any payments to the state, as well as bar the Federal Reserve from using North Carolina as a potential testing ground for its own CBDC pilot.

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North Carolina House passes bill banning CBDC payments to the state

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