DeSantis Takes Strong Stance on Financial Privacy and Digital Currency
TL;DR
Governor Ron DeSantis signed legislation to ban the use of a federally adopted Central Bank Digital Currency (CBDC) as money within Florida's Uniform Commercial Code (UCC). The legislation also prohibits any CBDC issued by a foreign reserve or foreign sanctioned central bank and calls on other states to adopt similar prohibitions within their respective Commercial Codes. The move is aimed at protecting consumers and businesses from the Biden administration's weaponization of the financial sector through a CBDC.
Topics:nationpolitics#central-bank-digital-currency#financial-sector#florida#governor-ron-desantis#legislation#politics
- Governor DeSantis signs ban on central bank digital currency FOX 4 News Fort Myers WFTX
- Florida Governor Ron DeSantis Bans CBDCs in the State Yahoo Finance
- What we know: DeSantis signs legislation to promote financial privacy News-Press
- Bill banning TikTok in Florida schools signed into law WMBB - mypanhandle.com
- 'We're on offense': Gov. DeSantis signs digital currency, gun sale tracking bills WJXT News4JAX
- View Full Coverage on Google News
Want the full story? Read the original reporting
Read on FOX 4 News Fort Myers WFTX