Tag Archives: South Dakota

Not long ago, South Dakota Governor Kristi Noem vetoed a bill that would have paved the way for crypto regulation in her state. It was recently announced that the House of South Dakota has failed to override the veto, and thus digital currency legislation will not be making its way into the state anytime soon. Kristi Noem Is Getting Her Way The bill had initially passed through the legislative branch, though it failed to hold any ground after Noem initiated the veto. The...

Republican governor Kristi Noem of South Dakota has vetoed a bill that would have established a central bank digital currency (CBDC) as a legitimate form of money without recognizing assets like BTC and Ethereum. Kristi Noem Shoves the Bill Aside In a recent statement, Noem commented: At this moment in time, such a government-backed electronic currency has not yet been created. More importantly, South Dakota should not open the door to a potential future overreach by the...