Florida Governor Ron DeSantis looks to block the creation of a digital dollar Florida RonDeSantis centralbankdigitalcurrency
- Ron DeSantis, the Republican Governor of Florida who is expected to enter the 2024 Presidential race, has called for a ban on the creation of a central bank digital currency in the United States.
The presidential hopeful cited concerns over rising inflation in the U.S., increasing interest rates, and the recent pressure on banks as examples of how government policies have directly had a negative effect on U.S. consumers. According to a press release that accompanied the announcement, the new legislative proposal is looking to protect consumers and businesses in Florida by “Expressly prohibiting the use of a federally adopted Central Bank Digital Currency as money within Florida’s Uniform Commercial Code ; instituting protections against a central global currency by prohibiting any CBDC issued by a foreign reserve or foreign sanctioned central bank; and calling on likeminded states to join Florida in adopting...
“A Central Bank Digital Currency is the cornerstone of a federal government that could track each and every transaction that happens in the world,” said State Chief Financial Officer Jimmy Patronis. “There would be no privacy, and if there is no privacy, there are no rights.”
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The two big fish in the little pond of Republican presidential hopefulsThe increasingly bitter, increasingly consequential rivalry between Donald Trump and Ron DeSantis took two additional, unusual turns in recent days
Read more »
ODDS and ENDS: Topless Florida maid cleans up, other offbeat offeringsA Florida woman is cleaning up, charging (US)$300 an hour to work as a topless maid.
Read more »
Wyoming governor signs measure prohibiting abortion pillsWyoming Gov. Mark Gordon has signed into law the nation’s first explicit ban on abortion pills since the U.S. Supreme Court overturned Roe v. Wade last summer.
Read more »
Def Leppard rocker Rick Allen 'working on recovery' after Florida assaultA police report revealed the musician had suffered an injury when his head hit the ground.
Read more »
Def Leppard rocker Rick Allen 'working on recovery' after Florida assaultA police report revealed the musician had suffered an injury when his head hit the ground.
Read more »
Def Leppard rocker Rick Allen 'working on recovery' after Florida assaultA police report revealed the musician had suffered an injury when his head hit the ground.
Read more »