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North Carolina Rejects Federal Digital Currency, Overrides Governor’s Veto

North Carolina Rejects Federal Digital Currency, Overrides Governor’s VetoThe North Carolina General Assembly has overridden Governor Roy Cooper’s veto to enact a bill prohibiting a central bank digital currency (CBDC) in the state. The Senate voted 27-17, securing the required supermajority. The bill bars payments using CBDC and state participation in Federal Reserve testing. This bill reflects strong opposition to CBDCs and emphasizes […]

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Polymarket Bets Big on Josh Shapiro: Is He Kamala Harris’s Secret VP Pick for 2024?

Polymarket Bets Big on Josh Shapiro: Is He Kamala Harris’s Secret VP Pick for 2024?Based on Polymarket predictions, Pennsylvania Governor Josh Shapiro is currently favored to be Kamala Harris’s Vice Presidential pick for her 2024 U.S. presidential campaign. Polymarket participants currently give Shapiro a 72% likelihood of being chosen as the running mate. Betting Markets Show Josh Shapiro Poised to Be Kamala Harris’s VP As of now, Kamala Harris […]

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Polymarket Wager Places Josh Shapiro, Roy Cooper as Leading VP Candidates for Harris

Polymarket Wager Places Josh Shapiro, Roy Cooper as Leading VP Candidates for HarrisAccording to the latest data from the prediction market Polymarket, the 75th Governor of North Carolina, Roy Cooper, and the 48th Governor of Pennsylvania, Josh Shapiro, are currently leading as vice presidential candidates for Kamala Harris if she secures the Democratic nomination at the upcoming convention. Both Cooper and Shapiro have nearly identical odds with […]

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North Carolina Governor Vetoes Bill That Would Have Banned a US CBDC in the State

North Carolina Governor Vetoes Bill That Would Have Banned a US CBDC in the State

North Carolina Governor Roy Cooper has declined to sign a bill that opposes the issuance and use of a Federal Reserve-backed digital currency in the state. Last week, Cooper, a Democrat, vetoed a bill titled “No Central Bank Digital Currency Payments to State” (HB 690), saying that it’s too early to ban the use of […]

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North Carolina’s CBDC ban bill vetoed by governor

Governor Roy Cooper was slammed for not putting “partisan politics aside” to support a law that would benefit all North Carolina residents.

North Carolina Governor Roy Cooper has vetoed a bill banning the state from implementing a Federal Reserve-issued central bank digital currency despite receiving near-unanimous support in the House and Senate.

Cooper, who has faced criticism for making a politically motivated decision, explained in a June 5 statement that House Bill 690 was too “premature, vague, and reactionary” to sign into law.

Cooper’s veto followed a lopsided 109-4 vote in the House and a 39-5 vote in the Senate in late June.

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North Carolina Governor Vetoes Bill Banning State Use of Central Bank Digital Currencies

North Carolina Governor Vetoes Bill Banning State Use of Central Bank Digital CurrenciesThe governor of the U.S. state of North Carolina has vetoed House Bill 690, which seeks to ban state payments using central bank digital currencies (CBDCs) and the state’s participation in the Federal Reserve’s CBDC testing. The governor argued the bill was premature and emphasized the need for more funding for cybersecurity. House Bill 690 […]

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