Hawaii Bill Would Take Steps Against a Central Bank Digital Currency By: Mike Maharrey
HONOLULU, Hawaii (Jan. 25, 2024) – A bill introduced in the Hawaii Senate would take steps to limit the impact of central bank digital currency (CBDC) in Hawaii, creating potentially significant roadblocks to its use in the state.
Rep. Lynn Decoite introduced Senate Bill 2676 (SB2676) on Jan. 19. The legislation would take several steps “to protect a person’s right to choose whether to participate in a digital currency system and to ensure that the people of the State are not coerced into adopting digital currencies against their will.”
In effect, it would create a favorable environment for people in Hawaii to opt out of using CBDC.
Hawaii Bill Would Take Steps Against a Central Bank Digital Currency
