Florida Gov. Ron DeSantis is proposing a new law for his state that would pre-emptively ban the use of a central bank digital currency, also known as a CBDC. “Florida will not side with economic central planners,” DeSantis said in a press release.
Florida Gov. Ron DeSantis is proposing a new law for his state that would pre-emptively ban the use of a central bank digital currency, also known as a CBDC.
The legislation would also ban any “CBDC issued by a foreign reserve or foreign sanctioned central bank.” Florida is urging other states to join in its effort. See also: DeSantis on possible Trump arrest: ‘I don’t know what goes into paying hush money to a porn star’ President Joe Biden signed an executive order last year that required federal agencies to review their policies related to cryptocurrencies and other digital assets.
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