Mississippi HB551 prohibits governmental entities from using central bank digital currency.
Mississippi HB551 prohibits governmental entities from using central bank digital currency for payments and other functions. It amends the Mississippi Code to exclude central bank digital currency from the definition of "money." The bill also defines "governmental entity," "central bank digital currency," and "payment stablecoin." The act is set to take effect on July 1, 2026.
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- Core Provisions
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- Impact
- Legal Framework
- Critical Issues
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