March 20, 2023 | Florida Governor Announces Legislation to Ban CBDC | Image source
A legislative proposal to protect Florida consumers and businesses from a national central bank digital currency (CBDC) was announced by Governor DeSantis.
In the press conference he said, “The Biden administration’s efforts to inject a Centralized Bank Digital Currency is about surveillance and control… Florida will not side with economic central planners; we will not adopt policies that threaten personal economic freedom and security.”
In addition to being a threat to privacy, the governor said that CBDC would threaten the role of credit unions and community banks.
Link To Press Release HERE