NC House overrides governor’s veto on CBDC bill, Democrats flip stance

NC House overrides governor’s veto on CBDC bill, Democrats flip stance

From carolinajournal.com

One month after supporting legislation restricting the implementation of a central bank digital currency in North Carolina, Democrats voted against overriding the governor’s veto of the bill during a House floor vote on Wednesday. The North Carolina House of Representatives voted to override three of Gov. Roy Cooper’s recent vetoes on Wednesday, including House Bill 690, an act prohibiting payments to the state using a central bank digital currency. The legislation also prohibits North Carolina from participating in the Federal Reserve branch’s testing of any future central bank digital currency (CBDC). At the ... (full story)

- Older Stories
Your Take: How Crypto ETFs Fit in Portfolios
From etf.com|Aug 2, 2024|1 comment
As advisors try to wrap their heads around how and if they want to recommend crypto to their clients, we have gathered insights into the investment vehicles that best suit ...
Japan gov't touts progress made to end deflation 'unlike before'
From mainichi.jp|Aug 2, 2024
Japan is experiencing positive developments "unlike before" that would enable it to officially end a long-standing battle with deflation, as a virtuous cycle of price and wage ...
Euro Stablecoin EURC Stablecoin Launches On Ethereum Layer-2 Blockchain Base
From benzinga.com|Aug 2, 2024
The euro-backed stablecoin EURC EURC/USD has officially launched on the Base mainnet, a leading Ethereum ETH/USD Layer 2 network. Circle, the issuer of EURC, has announced that ...

- Newer Stories
US jobs report: Unemployment rise may mean recession, rule says, but likely not this time
From usatoday.com|Aug 2, 2024|4 comments
The economy seems to be on solid footing, with the nation’s gross domestic product and employment both notching healthy gains recently. Yet if Friday’s jobs report reveals that ...
July jobs report expected to show further cooling in US labor market
From finance.yahoo.com|Aug 2, 2024
The July jobs report is expected to serve as the latest piece of economic data indicating that the US labor market is slowing down as the Fed inches toward interest rate cuts. The ...
The US Employment Situation -- July 2024
From bls.gov|Aug 2, 2024|41 comments
The unemployment rate rose to 4.3 percent in July, and nonfarm payroll employment edged up by 114,000, the U.S. Bureau of Labor Statistics reported today. Employment continued to ...

Related Stories