DeSantis introduces bill that would bar use of federal digital currency in Florida

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Florida Gov. Ron DeSantis has put forward new legislation that would ban the use of a federally issued digital dollar in the state if it were to come about.

has put forward new legislation that would ban the use of a federally issued digital dollar in the state if it were to come about.Currency, or CBDC, from being accepted as money by changing Florida’s Uniform Commercial Code, according to a press release from the governor’s office.

said. “How do we know? We’ve seen this happen in other parts of the world. Look no further than China.”called on other states to follow suit.‘ bill appears to be in response to a year-old executive order by President Biden that called on the federal government to assess the effect of fully digitizing the nation’s currency supply and financial assets.

The Florida governor said during the press conference that there is an effort set the stage for CBDCs through subtle revisions to the federal Uniform Commercial Code, according to the Panama City News Herald.

 

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Has he “put forward” his plan on how he’s NOT breaking the law by running for president while still governor?

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