Florida adopts anti-CBDC law

Governor has denounced US digital currency, though there are no concrete plans for one


Florida governor Ron DeSantis signed a law on May 12 that denies both US and foreign central bank digital currencies (CBDCs) the status of “money” under state law.

“[US president Joe] Biden’s central bank digital currency aims to increase government control over people’s finances, and we will not allow it,” said the governor. “In Florida, we value personal freedom and won’t allow self-interested elites to chip away at our liberty.”

DeSantis first announced the legislation in March. Both houses

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