Florida Governor Ron DeSantis Introduces Bill to Ban CBDC in State

Florida Governor Ron DeSantis has proposed legislation to amend the state's Uniform Commercial Code to explicitly ban the use of central bank digital currencies (CBDCs) adopted by the federal or foreign governments as money in the state, saying the move would "protect Floridians from worshipers." impact of the government’s weaponization of the financial sector”. Ron DeSantis stated that he will not adopt policies that threaten personal economic freedom and security. The central bank digital currency is the cornerstone of the federal government, which can track every transaction that occurs around the world. Ron DeSantis, widely seen as a possible presidential candidate in next year's election, first raised his opposition to centrally-controlled digital currencies last year, but he has taken a more friendly stance on decentralized tokens such as bitcoin, saying he is looking into How Floridians Pay Taxes in Cryptocurrencies. the