Ron DeSantis, governor of Florida and potential Republican nominee for president has proposed legislation that would forbid the use of a central bank digital currency (CBDC) as money in his state.
In a news statement, DeSantis stated that “today’s announcement will protect Florida consumers and businesses from the reckless adoption of a “centralized digital dollar” which will impede innovation and promote government-sanctioned surveillance.
Here we given the tweet related to it:
.@GovRonDeSantis has launched a preemptive strike against the possible use of CBDCs within his state of Florida. @SteveAlpher reportshttps://t.co/dfcH4KolUJ
— CoinDesk (@CoinDesk) March 20, 2023
The use of a CBDC issued by any foreign central bank in Florida would similarly be prohibited by the proposed law. In his statement, the governor encourages other states to pass laws along those lines.
If you click on the link that we have provided for you below, you will perhaps get more information on different posts in the state of Florida:
- Following A Brutal Attack In Florida, The Drummer For Def Leppard Praises Their Supporters
- Alligator Measuring 11 Feet Long Discovered Swimming In Pool By Florida Homeowner
- Samantha Sierra Car Accident Jupiter Florida, Palm Beach Interstate 95 Traffic Accident Killed Her
Last year, President Joseph Biden issued an executive order directing the federal government to research the potential benefits and drawbacks of a CBDC.
DeSantis claimed that a federal CBDC would undermine the importance of neighborhood banks and credit unions in addition to raising privacy issues.
Follow us on our social media handle Facebook Page and Twitter.
