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Proposed South Dakota amendment to UCC would prohibit cryptocurrencies, but not CBDC

The bill authored by a Republican state legislator would prevent the use of cryptocurrency as a medium of exchange starting July 1, 2024.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Proposed South Dakota amendment to UCC would prohibit cryptocurrencies, but not CBDC

The bill authored by a Republican state legislator would prevent the use of cryptocurrency as a medium of exchange starting July 1, 2024.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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Read on Cointelegraph

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