According to Foresight News, North Carolina Governor Roy Cooper vetoed a bill that would have prohibited the state from implementing a central bank digital currency (CBDC) issued by the Federal Reserve. In his statement, he explained that House Bill 690 was too immature, vague, and reactionary to be signed into law.
Mitchell Askew, chief analyst at Blockware Solutions, said the governor's veto does not represent the will of North Carolinians and it is unfortunate that he is unwilling to put partisan politics aside and support a law that benefits all North Carolina residents.
