The Missouri Senate has introduced a bill, known as SB 194, to prohibit central bank digital currencies (CBDCs) as legal tender while encouraging the state to hold more of its reserves in gold and silver. The legislation aims to block public entities from accepting or participating in CBDC programs and mandates that the State Treasurer hold at least 1% of state funds in physical gold and silver. The bill also excludes CBDCs from the legal definition of "money" in Missouri's Uniform Commercial Code and enhances the role of gold and silver as legal tender. Supporters argue that the bill is a step toward preserving financial privacy and limiting centralized control over digital transactions, while also strengthening financial stability. If passed, SB 194 could position Missouri as a state prioritizing financial independence and alternatives to federally controlled digital systems.



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