South Dakota Governor Kristi Noem vetoes bill that would recognize central bank digital currency but not cryptocurrency

Bravo Kristi! Digital currency should be kept largely in private hands! Keep government out of it as much as possible!

"... “At this moment in time, such a government-backed electronic currency has not yet been created,” Noem explained to lawmakers. “More importantly, South Dakota should not open the door to a potential future overreach by the federal government.” ...
Another reason Noem gave for vetoing the legislation was that it "needlessly" cut back freedoms and put citizens at a “business disadvantage” by discouraging development in the nascent digital money sector. ..."

Noem vetoes bill that would recognize central bank digital currency but not cryptocurrency | Just The News Legislation passed 49-17 in the South Dakota House of Representatives and 24-9 in the Senate before being vetoed by the governor