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Noem vetoes banking regulation bill - STOP CBDC!!! (www.dakotanewsnow.com)

posted 1 year ago by conspiracymane 1 year ago by conspiracymane +4 / -1

Citing overreach, Noem vetoes banking regulation bill

Noem's veto of HB 1193 came in response to concerns by many about how the bill would impact the cryptocurrency industry in South Dakota.

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– conspiracymane [S] 1 point 1 year ago +1 / -0

“By defining ‘money’ in this proposed way, HB 1193 opens the door to the risk that the federal government could easily adopt a Central Bank Digital Currency, which then may become the only viable digital currency,”

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