Florida Governor Moves to Ban CBDCs, Calls for Coalition of States to Follow Suit

Florida Governor Ron DeSantis wants to ban central bank digital currencies (CBDCs) and is calling on other states to join him.

Highlights

Florida Governor Ron DeSantis wants to ban central bank digital currencies (CBDCs) and is calling on other states to join him.
The Florida Governor and potential 2024 US Presidential candidate says he never wants to see Florida have to use a CBDC as a form of money.
The legislation should also prohibit any CBDC issued by a foreign reserve or government-sanctioned central bank, he says.
It will ensure that any effort to adopt a worldwide digital currency never occurs in the free state of Florida.
The legislation shouldn’t stop there, given a continued increase in Chinese influence on worldwide affairs and the desire to adopt CBDCs worldwide.

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