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.

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

Cooper — who’s been slammed for making a politically-motivated decision — explained that House Bill 690 was too “premature, vague and reactionary” to sign into law in a June 5 statement.

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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