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VisitNorth Carolina Senate Overrides Governor's Veto to Ban Federal CBDCs in 27-17 Vote
Sep 10, 2024, 02:58 AM
The North Carolina Senate has successfully overridden Governor Roy Cooper's veto to pass a bill banning the use of Federal Central Bank Digital Currencies (CBDCs) in the state. The Senate's decision, finalized with a 27-17 vote, saw 12 Democrats reversing their initial support for the bill to back the Governor's veto. The bill, House Bill 690, now effectively blocks the use of CBDCs within North Carolina. The North Carolina General Assembly (#NCGA) played a crucial role in this legislative process.
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Markets
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Federal government challenges the ban • 25%
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