Which states are considering banning CBDCs?

3 answers

• Dec 18, 2021 · 3 years ago
  As of now, there are no specific states in the United States that have publicly announced their intention to ban Central Bank Digital Currencies (CBDCs). However, it's important to note that the regulatory landscape surrounding CBDCs is constantly evolving, and individual states may choose to introduce regulations in the future to address concerns related to CBDCs.
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• Dec 18, 2021 · 3 years ago
  While no states have officially declared their plans to ban CBDCs, it's possible that some states may consider implementing restrictions or regulations on CBDCs in the future. The decision to ban or regulate CBDCs would likely depend on various factors, including the perceived risks and benefits associated with these digital currencies. It's important for policymakers to carefully evaluate the potential impact of CBDCs on the economy and financial stability before making any decisions.
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• Dec 18, 2021 · 3 years ago
  According to recent reports, the state of New York has been actively exploring the possibility of banning CBDCs. The New York State Department of Financial Services (NYDFS) has expressed concerns about the potential risks and challenges posed by CBDCs, such as money laundering and consumer protection issues. However, it's worth noting that these discussions are still in the early stages, and no official decision has been made yet. It will be interesting to see how other states respond to the growing popularity of CBDCs and whether they will consider similar measures.
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