United States of America: Modification of the Tennessee Uniform Commercial Code to Exclude Central Bank Digital Currency from Definition of Money (SB 1764)
Progress
Current status
under deliberation
12 Jan 2024 under deliberation
Scope
Implementers
United States of America
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation, registration and licensing, nes
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
legislature
Government Body
parliament
Implementation Level
subnational
Timeline of events
Introduced Senate Bill to Exclude Central Bank Digital Currency from Definition of Money (SB 1764)
On 12 January 2024, Senate Bill SB 1764 was introduced to the Tennessee Senate, proposing modifications to the Tennessee Uniform Commercial Code (Tennessee UCC). The seeks to modify the definition of the term "money" to exclude any central bank digi…
SourceEvent type
law
Action type
introduction
Government branch
legislature
Government body
parliament