Search Results for: SB-7054

Florida Governor Ron DeSantis signed a bill prohibiting central bank digital currencies (CBDCs) in Florida, citing concerns about privacy, financial independence, and potential misuse for control and surveillance. The decision highlights essential questions about digital currencies and their impact on individual freedom and autonomy.

Florida Governor Ron DeSantis recently signed a bill barring the use of centralized digital dollars, intensifying the state’s opposition to central bank digital currencies (CBDCs). The move reflects the ongoing debate between supporters of cryptocurrencies and proponents of CBDCs, with concerns about government control, privacy, and financial inclusion shaping the future of digital assets.