Tennessee poised to pass regulations for digital currencies.

We saw the warning signs last year with the passage of the Money Transmission Modernization Act which redefined “money” in our law to include currency adopted by foreign governments and even currency agreed upon by two or more international governments. You can thank Senator Jack Johnson for that one. Now we are contending with SB479 […]
Table is being set in Tennessee for Central Bank Digital Currency (CBDC).

Last week, Governor Kristi Noem vetoed House Bill 1193 for fears that these regulations would be the beginnings of a centralized digital currency for South Dakota. And wouldn’t you know, the exact same bill is going into committee this week here in Tennessee. Senate Bill 479 would introduce a uniform code pushed by the American […]