North Carolina Governor Roy Cooper vetoed a bill that would ban implementing a central bank digital currency issued by the Federal Reserve. The bill received near-unanimous support in the House and Senate. In a June 5 statement, Cooper stated that Bill 690 was “too early, vague, and reactive.”

Cooper's veto followed a bill that passed 109-4 in the House and 39-5 in the Senate in late June. With near-unanimous votes, North Carolina legislatures could easily override Cooper's veto with three-to-five majorities in both chambers.

Cooper's veto decision was not well received. "Cooper's veto did not represent what North Carolinians wanted," said Mitchell Askew, principal analyst at Blockware Solutions and a North Carolina native. Askew said it was a shame that Cooper "refused to put partisan politics aside."

Similarly, Dan Spuller, head of industry affairs at the Blockchain Association, said Cooper's veto missed an opportunity to state loud and clear that North Carolina is strongly opposed to a CBDC.

Meanwhile, Federal Reserve Chairman Jerome Powell told a federal Senate Banking Committee hearing in March that the United States is "not close to proposing or adopting a central bank digital currency in any form."

What are you thinking? We are waiting your comments.#blockchain#cryptocurrency #CBDC