- The state will also not participate in testing
- Officials voted unanimously
- A similar bill was recently passed in Florida.
North Carolina legislators accepted a bill that would ban payments to the CBDC and also block the state from participating in testing. This was announced by the co-founder of the Satoshi Action Fund, Dennis Porter. After the passage of such a law, he added: “We win”.
In the second reading, the officials adopted a unanimous decision. They voted 118 for, 0 against (with two absent). The bill would prevent the state court system or any agency from accepting Fed-issued digital dollars. It also imposes a ban on participation in any CBDC pilot trials.
The US Treasury Department said world leaders are positive about the issuance of a digital dollar, China has already launched pilot projects, and the EU is nearing the end of a two-year experiment with a digital euro.
However, US lawmakers are increasingly opposed to issuing CBDCs, and Florida Gov. Ron DeSantis has introduced a “Government of Laws, Not Policies” bill to ban CBDC payments in his state. According to the governor, the plans of the authorities are contrary to the interests of technology and society.
Ron DeSantis said about a month ago that the Federal Reserve’s digital dollar threatened the financial freedom of the United States. He added that the government could use the CBDC to control US finances.