(Daily Wire) Florida Governor Ron DeSantis signed legislation into law this week that banned the federal government from ever being able to introduce Central Bank Digital Currency (CBDC) in the state of Florida.
The law bans the federal government from using CBDC by excluding it from the definition of money within Florida’s Uniform Commercial Code, the governor’s office said. The bill also bans foreign-issued CBDC to “protect consumers against globalist efforts to adopt a worldwide digital currency.”
“The government and large credit card companies should not have the power to shut off access to your hard-earned money because they disagree with your politics,” DeSantis said in a statement. “Biden’s Central Bank Digital Currency aims to increase government control over people’s finances, and we will not allow it. In Florida, we value personal freedom and won’t allow self-interested elites to chip away at our liberty.”
DeSantis called on the Florida-led 20-state coalition against ESG to follow Florida’s lead by banning CBDC in their states.