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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Author: Brayden Lindrea
