The North Carolina Senate has passed a bill that would ban the use of a digital dollar (CBDC) in the state. 🚫

- The bill would bar the Fed from testing a CBDC.

- North Carolina has signaled that it is not interested in a federal digital currency.

- Privacy and sovereignty concerns remain key.

The U.S. is lagging in developing a CBDC among G7 countries, raising concerns about the future of financial innovation.