DeSantis first introduced legislation in March seeking to ban the use of “digital dollars” in the state of Florida.
Yesterday, Florida Governor Ron DeSantis signed a bill that would ban the use of a “central bank digital dollar” or CBDC, in the state.
Now, Florida law defines note money explicitly: “ This term does not include central bank digital currency.”
During the press conference, DeSantis suggested that President Joe Biden’s administration announced that it would study CBDCs last year because it wanted to “get rid of other types of digital assets, like cryptocurrencies.”
“Anyone can see the dangers of CBDCs to Americans who want to be financially independent and want to transact without the government knowing.”
When DeSantis introduced the law in March 2019 , he said that CBDCs would “surveil Americans and control Americans.”
Days later, DeSantis announced that Florida would accept Bitcoin to pay for state taxes, but only from businesses, not from residents.