- Looks like this list will keep growing.
- At the same time, the CBDC itself has not even come out yet.
Central bank digital money (CBDC) has been a hot topic in the crypto industry for a long time. Recently, a serious experiment in this matter was started by the Chinese, who began to pay salaries to officials in digital yuan. But in the US, many politicians see CBDC as a threat to democracy. Florida recently became the first state to ban such a currency at the legislative level. This was done thanks to the protectorate of the colorful Senator Ron DeSantis.
Now the example of Florida wants to intercept 6 more states. These are North Carolina, Louisiana, Alabama, Texas and North Dakota.
In North Carolina, a bill has already been voted on this issue. Interestingly, at first it was called the “Law to Prohibit Payments in Cryptocurrency”. However, the word “cryptocurrency” was eventually removed from the name and replaced with the phrase “central bank digital currency”. In a vote on May 3, 118 members of the House of Representatives agreed to pass the bill.
Now it must be approved by the Senate. Then the draft CBDC ban will be submitted for approval to Governor Roy Cooper.
Louisiana has no plans to completely ban the digital dollar, but will consider options for limiting such payments. But Alabama is the most principled in this matter. State not only trains a complete ban on the CBDC, but also called on Congress not to introduce a digital dollar at all.