South Dakota Governor Kristi Noem Vetoes Central Bank Digital Currency Bill

  • “At this moment in time, such a government-backed electronic currency has not yet been created,” Noem told lawmakers.
  • “More importantly, South Dakota should not open the door to a potential future overreach by the federal government.”
  • The bill would have defined money as a “medium of exchange that is currently authorized or adopted by a domestic or foreign government.”
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