North Carolina Governor Roy Cooper has vetoed House Bill 690, which aimed to prohibit the state's use of central bank digital currencies (CBDCs) and participation in Federal Reserve CBDC testing.

Governor Cooper argued that the bill was premature and lacked clarity, advocating instead for federal standards to safeguard consumers and businesses in digital transactions.

His veto has sparked disappointment among proponents of the bill, including Dan Spuller from the Blockchain Association, who viewed it as a missed opportunity to assert state-level digital asset policy.

They emphasised the importance of privacy, individual sovereignty, and competitive markets in shaping future digital currency regulations.