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Breaking: Florida Governor Explains Why CBDCs Are Not Good For The US Citizens

source-logo  coingape.com 25 May 2023 01:31, UTC

Crypto Market News: Following the recent legislation banning the use of Central Bank Digital Currencies (CBDCs) in Florida, the state’s Governor Ron DeSantis on Wednesday came out heavily in criticism of the Biden administration’s plans. Besides banning the issuance and use of CBDCs, the people of Florida will also be protected against the introduction of a soon to be launched Federal Reserve-issued digital currency. DeSantis explained how the CBDCs can be used for surveillance purposes and how the Federal government will be able to control the financial habits of the U.S. citizens.