March 20, 2023 | Oklahoma legislators push back against CBDC with cash bill | House Bill No. 1633
Legislation introduced in Oklahoma would require the acceptance of cash as legal tender: “A retail establishment selling or offering for sale goods or services at retail during regular business hours shall not require a buyer to pay using credit cards nor a central bank digital currency nor prohibit cash as payment in order to purchase the goods or services. ”
There is growing opposition to Central Bank Digital Currency (CBDC) because the government and international central bankers would be able to “program” money and surveil every financial transaction. The passage of House Bill No. 1633 would protect Oklahomans’ right to use cash and not be required to use CBDC’s.
Similar legislation in Missouri states, “No public entity shall require payment in the form of any digital currency. Payment by means of cash, debit card, or credit card shall be considered legal tender and shall be accepted by all public entities. Payment in gold and silver coinage shall also be considered legal tender and shall be accepted by all public entities. ”
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