In Attempt to Stop CBDCs, States Are Rejecting Ostensibly Pro-Bitcoin Legislation
The backlash against the UCC’s Article 12 has led to a firestorm among politicians who believe they are rejecting CBDCs. But these reforms represent a boon to Bitcoin, protecting self-custody and giving Bitcoin legal clarity in commerce and lending. In dramatic fashion earlier this month, South Dakota Governor Kristi Noem wielded her red-hot branding iron…