Governor Palacios vetoed the Tinian stablecoin bill on April 11, 2025, citing “several legal issues,” potential unconstitutionality and insufficient enforcement safeguards to restrict online gambling to Tinian

Quotes that support claims

The 20-member Northern Mariana Islands House voted 14-2 to undo Governor Arnold Palacios’ April 11 veto of the bill

Among the critics was Governor Palacios, who vetoed it over what he described as “several legal issues” and a lack of enforcement safeguards, and Independent Representative Marissa Flores, who criticized the bill’s ties to online casinos.

Governor Palacios said in a letter that he vetoed the bill as it “presents several legal issues and may be unconstitutional,” would regulate an activity that could not “be clearly restricted” to Tinian and that it lacked needed enforcement measures to counter illegal gambling.