A Senate veto-busting vote saw 12 Democrats who initially voted for North Carolina’s CBDC banning bill switch to backing Governor Roy Cooper’s veto.
North Carolina’s General Assembly has passed a bill banning the state from implementing a United States Federal Reserve-issued central bank digital currency (CBDC), with the Senate overriding a veto by Governor Roy Cooper.
The Republican-led Senate delivered a 27-17 vote in favor on Sept. 9, narrowly surpassing the 60% majority needed to override a veto from Cooper — a Democrat — and pass House Bill 690 into law.
It comes after North Carolina’s House voted to overturn Cooper’s veto in a 73-41 vote in early August.
