Ron DeSantis: "In the event of the launch of a digital dollar, it will be banned in Florida"

Article Reading Time:
1 min.

Governor of an American stateFlorida Ron DeSantis said that if the Federal Reserve (Fed) The United States will launch its own digital currency, but it will be banned in the state of Florida.

During a recent performance in the cityJacksonville, Gov. Ron DeSantis has again called for a ban on central bank digital currencies. He signed a bill aimed at combating the US government's environmental and social governance (ESG) standards. The bill prohibits Florida's state budget from being used for ESG investments. In addition to criticizing these standards, DeSantis spoke out against the introduction of a digital dollar and expressed support for cryptocurrencies.

“The danger of the digital dollar isthat the government wants to make it the only currency to get rid of crypto assets. The authorities don't like cryptocurrencies because they can't control them, so their goal is to convert everyone to a central bank digital currency,” DeSantis said.

The governor added that if the Fed or the Ministry of FinanceHowever, if they try to introduce a digital dollar unilaterally, it will be prohibited in Florida. This will give local residents guarantees of their financial independence and the absence of surveillance by the state, which seeks to be aware of every transaction made. In March, DeSantis introduced a bill to ban digital dollars statewide to preserve citizens' privacy.

DeSantis's view is shared by Republican Ted Cruz. He believes that the digital dollar will stifle Americans' financial freedom and hinder the adoption of Bitcoin.