The North Carolina General Assembly has taken the final steps to approve a bill that bars the federal government from executing a central bank digital currency in the Tar Heel State in the event that the Federal Reserve moves forward with the controversial addition to our monetary system. The Senate reconvened Monday in Raleigh and...
One month after supporting legislation restricting the implementation of a central bank digital currency in North Carolina, Democrats voted against overriding the governor’s veto of the bill during a House floor vote on Wednesday.
North Carolina Democratic Gov. Roy Cooper reached a significant milestone on Friday when he vetoed his 100th and 101st bills during his governorship, more than any other governor in the state's history.
Both chambers of the North Carolina General Assembly have approved a bill that will bar the federal government from executing a central bank digital currency in the state of North Carolina. On Wednesday afternoon, the House concurred with the Senate on HB 690 in a 109-4 vote following the Senate’s 39-5 vote on Tuesday. It...
The US Federal Reserve will likely soon be prohibited from testing a Central Bank Digital Currency system in the state of North Carolina. The General Assembly has passed an act prohibiting payments to the state using central bank digital currency. The legislation, HB 690, also prohibits North Carolina from participating in the Federal Reserve branch’s...
NC has become a significant player in the digital-asset sector. By supporting HB 690 and HB 721, the NC Senate can continue this legacy.
Listen to talk radio long enough, or watch cable news for a segment or two, and you’re bound to hear an advertisement for physical gold. These commercials are probably playing in your head right now, complete with a recognizable (albeit past prime) actor or media personality, telling you that gold is a “safe haven asset”...
The new era of financial innovation has been driven by digital currency and digital payment methods. These technologies are becoming more prevalent daily, with consumers, investors, and businesses seeking alternative payment methods and instruments. A February 2023 survey by Morning Consult, on behalf of Coinbase, found that 20% of Americans have some ownership of cryptocurrency....
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