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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

"This bill adopts a definition of ‘money’ to specifically exclude crypto like Bitcoin. And it opens the door to the risk that the federal government could adopt a Central Bank Digital Currency."

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