Text to be removed highlighted in red.
1 New Section; State Treasurer; Bank Requirements; Prohibition on Central Bank Digital Currency. Amend RSA 6 by inserting after section 7-a the following new section:
6:7-b Prohibition on Central Bank Digital Currency.
I. The state treasurer, and each agency, department, and political subdivision of the state shall not:
(a) Accept a payment using central bank digital currency.
(b) Participate in any test of central bank digital currency by any Federal Reserve branch.
II. In this section, "central bank digital currency" means a digital currency used by a central bank and made available to the general public. The Federal Reserve does not currently recognize or use central bank digital currency.
2 Effective Date. This act shall take effect 60 days after its passage.
Text to be added highlighted in green.
1 New Section; State Treasurer; Bank Requirements; Prohibition on Central Bank Digital Currency. Amend RSA 6 by inserting after section 7-a the following new section:
6:7-b Prohibition on Central Bank Digital Currency.
I. The state treasurer, and each agency, department, and political subdivision of the state shall not:
(a) Accept a payment using central bank digital currency.
(b) Participate in any test of central bank digital currency by any Federal Reserve branch.
II. In this section, "central bank digital currency" means a digital currency used by a central bank and made available to the general public. The Federal Reserve does not currently recognize or use central bank digital currency.
2 Effective Date. This act shall take effect 60 days after its passage.