State governor and US presidential hopeful calls for CBDC ban in Florida By Cointelegraph
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Ron DeSantis, the governor of Florida expected by many to throw his hat into the ring for the 2024 United States presidential race, has called for a ban on a digital dollar in the state.
Standing in front of a podium bearing the line “Big Brother’s Digital Dollar” at a March 20 press conference, DeSantis spoke out against the Federal Reserve issuing and controlling a central bank digital currency, or CBDC, in the United States, claiming the initiative would grant “more power” to the government. He cited concerns over inflation in the country, the Fed increasing interest rates, and pressure on banks as examples of government policies directly affecting U.S. consumers.
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Ron DeSantis, the governor of Florida expected by many to throw his hat into the ring for the 2024 United States presidential race, has called for a ban on a digital dollar in the state.
Standing in front of a podium bearing the line “Big Brother’s Digital Dollar” at a March 20 press conference, DeSantis spoke out against the Federal Reserve issuing and controlling a central bank digital currency, or CBDC, in the United States, claiming the initiative would grant “more power” to the government. He cited concerns over inflation in the country, the Fed increasing interest rates, and pressure on banks as examples of government policies directly affecting U.S. consumers.
Continue Reading on Coin Telegraph
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