Analyzing digital currency bill vetoed by Noem
This interview originally aired on In the Moment on SDPB Radio.
House Bill 1193 was one of the first bills to be subjected to Gov. Noem's red veto stamp. HB 1193 would amend the Uniform Commercial Code in reference to cryptocurrency like Bitcoin.
SDPB's Lee Strubinger explains what the Uniform Commercial Code is and what that has to do with the definition of money. Also, what does this veto say about the current banking industry? Strubinger has the answers.
You'll also hear directly from the governor on her reasoning behind her veto.