Governor – DIGIT INFO

Judge finds new California election deepfake ban unconstitutional

DIGIT — Thu, 03 Oct 2024 05:16:33 +0000

Federal Judge John A. Mendez has blocked a new California law that allowed any person to sue for damages over election deepfakes.

Go to Source

North Carolina Rejects Federal Digital Currency, Overrides Governor’s Veto

DIGIT — Wed, 11 Sep 2024 01:30:36 +0000

The North Carolina General Assembly has overridden Governor Roy Cooper’s veto to enact a bill prohibiting a central bank digital currency (CBDC) in the state. The Senate voted 27-17, securing the required supermajority. The bill bars payments using CBDC and state participation in Federal Reserve testing. This bill reflects strong opposition to CBDCs and emphasizes […]

Go to Source

North Carolina Governor Vetoes Bill Banning State Use of Central Bank Digital Currencies

DIGIT — Sun, 07 Jul 2024 01:41:49 +0000

The governor of the U.S. state of North Carolina has vetoed House Bill 690, which seeks to ban state payments using central bank digital currencies (CBDCs) and the state’s participation in the Federal Reserve’s CBDC testing. The governor argued the bill was premature and emphasized the need for more funding for cybersecurity. House Bill 690 […]

Go to Source

Japan’s Inflation Surges to 3.5% as New BOJ Governor Takes the Helm

DIGIT — Sat, 29 Apr 2023 20:00:27 +0000

This week, the Statistics Bureau of Japan unveiled the latest core consumer price index (CPI) report for the country, revealing a surge to 3.5%. This figure comes as a surprise to analysts who had predicted a more modest 2.9% for the end of the quarter. It’s worth noting that Japan’s inflation has been steadily rising […]

Go to Source

Core Inflation on Upward Trend, Further Rate Hikes Expected, ECB Execs Say

DIGIT — Fri, 07 Apr 2023 17:30:28 +0000

Amid underlying inflationary pressures, further interest rate increases may still be needed, members of the European Central Bank’s Governing Council have admitted. At the same time, the cycle with the highest hikes may soon be over, the officials indicated. End of Most Aggressive Rate Hikes in Sight Despite Inflation, but More to Come Before It’s […]

Go to Source

Bank of France Governor Calls for Mandatory Licensing for Crypto Companies

DIGIT — Sun, 08 Jan 2023 07:30:22 +0000

France has to adopt a licensing regime for crypto service providers, the head of the country’s central bank has suggested. According to the executive, the need to tighten regulatory oversight stems from the “disorder” in the industry throughout the past year. Licensing Should Replace Registration for Crypto Firms in France, Governor Galhau Says Banque de […]

Go to Source

Australian CBDC receives unexpected interest but could hurt banks: RBA

DIGIT — Thu, 08 Dec 2022 05:56:15 +0000

The pilot “eAUD” program is unique in that the Reserve Bank of Australia has not proposed use cases, and has received numerous suggestions from the industry.

Go to Source

New York Mayor Supportive of Mining Restrictions but Maintains Crypto Hub Objective

DIGIT — Mon, 28 Nov 2022 05:00:11 +0000

Mayor of New York City Eric Adams took a supportive, if somewhat veiled, stance on the partial crypto mining ban imposed in the state. A law signed by fellow Democrat and New York Governor Kathy Hochul temporarily limits the minting of digital currencies using fossil fuels. New York Mayor and Bitcoin Supporter Eric Adams to […]

Go to Source

New York Governor Signs Law Partially Banning Bitcoin Mining on Fossil Fuels

DIGIT — Wed, 23 Nov 2022 14:00:04 +0000

A moratorium on some crypto mining operations relying on carbon-based energy has been signed into law in New York. Businesses engaged in proof-of-work mining in the state will not be able to expand or renew their permits for the next two years as a result of the ban, which is likely to have consequences for […]

Go to Source

Bank of Thailand Needs More Time to Complete and Launch Retail Digital Currency

DIGIT — Mon, 31 Oct 2022 08:30:19 +0000

The central bank of Thailand is not going to rush with the launch of its digital currency as it’s not yet sure about the benefits it would bring. According to the head of the monetary authority, the development of the state-issued coin may take several years. Thailand’s Central Bank Wants to Better Understand Risks of […]

Go to Source