California County to Enact State Laws on Bitcoin ATMs
Chico, California, relies on state and local regulations to regulate Bitcoin ATMs to limit fraud and transparency. The city of Chico, California, believes that state-level legislation and local rules will work together to regulate Bitcoin teller machines or ATMs properly. Andy Pickett, the chief administrative officer at the County of Butte, addressed the ongoing attempts to […]
US Senate Bills Reject CBDCs Use as Money
States of Tennessee, Utah, South Carolina, and South Dakota have all introduced bills to discourage using central bank digital currencies (CBDCs) interchangeably with physical currency. On January 12, Tennessee State Senator Frank Niceley introduced a bill to the Senate. Money is a recognized and permitted medium of commerce under the Tennessee Uniform Commercial Code (UCC). […]