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Missouri Senate introduces bill to disqualify CBDCs as legal tender – TON BOT

Missouri Senate introduces bill to disqualify CBDCs as legal tender

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The Missouri Senate introduced SB 194 to ban central bank digital currencies as legal tender in the state. The bill also requires the State Treasurer to hold gold and silver reserves and exempts capital gains on the sale of precious metals from state income tax. It prohibits public entities from participating in CBDC tests and reflects growing concerns about CBDCs’ impact on financial privacy and state sovereignty. Missouri’s legislative actions are part of a broader national and global discussion on the adoption and regulation of CBDCs.

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