North Carolina Governor Roy Cooper vetoed a bill that would have banned the state from accepting payments in central bank digital currencies (CBDCs) issued by the Federal Reserve. House Bill 690 would also have restricted the state's participation in any CBDC tests by the Federal Reserve. In a statement, Cooper noted that the federal government is working to ensure that any CBDC has appropriate standards and safeguards for consumers. He added that vetoing the bill would open the door for those who may wish to use CBDCs for transactions. Cooper said North Carolina should "wait and see" how the CBDC works before making a final decision. Cooper said the bill itself is not fit for passage into law, adding: This legislation is premature, vague and reactionary and presents a final outcome on important monetary decisions that have not yet been made.