North Carolina Governor Vetoes Invoice Banning State Use of Central Financial institution Digital Currencies

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The governor of the U.S. state of North Carolina has vetoed Home Invoice 690, which seeks to ban state funds utilizing central financial institution digital currencies (CBDCs) and the state’s participation within the Federal Reserve’s CBDC testing. The governor argued the invoice was untimely and emphasised the necessity for extra funding for cybersecurity. Home Invoice 690 […]

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