FL Gov. DeSantis has proposed legislation to prohibit the use of central bank digital currency (CBDC) as money in his state. crypto bitcoin $BTC
Governor Ron DeSantis of the U.S. state of Florida has proposed legislation to prohibit the use of central bank digital currency as money in his state. “The Biden administration’s efforts to inject a centralized bank digital currency is about surveillance and control,” the governor warned.
The legislative proposal prohibits the use of a federally adopted central bank digital currency as money within Florida’s Uniform Commercial Code , the announcement details, adding that it also prohibits any CBDCs issued by a foreign reserve or foreign-sanctioned central bank. Our money says In God We Trust. The central bank digital currency changes that to In Government We Trust. That’s wrong and I am grateful for the governor’s continued pushback of an out-of-control DC bureaucracy.a bill that was disguised as an update to the UCC guidelines but paves the way for a CBDC while disallowing the use of cryptocurrencies, such as bitcoin, as a form of currency.
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