Reserve

Cryptocurrency

<p>During an event in Jacksonville, Florida Governor Ron DeSantis reiterated his opposition to central bank digital currencies (CBDCs) and &#8220;woke politics.&#8221; In March, DeSantis proposed legislation banning CBDCs in the state, and during Tuesday&#8217;s event, he affirmed that Florida would maintain a &#8220;prohibition against&#8221; CBDCs if the U.S. Federal Reserve or Treasury moved to establish one.</p>



<h2 id="fighting-environmental-social-governance-standards">Fighting environmental social governance standards</h2>



<p>During his visit, DeSantis <a href="https://news.wjct.org/2023-05-02/desantis-signs-esg-ban-jacksonville" rel="nofollow noopener" target="_blank">signed a bill</a> that combats the U.S. government&#8217;s environmental social governance (ESG) standards, arguing that they do not represent the interests of average Floridians or Americans. The legislation prevents Florida&#8217;s state funds from being used for ESG standards and investments.</p>



<blockquote class="wp-block-quote"><p>&#8220;We recognize the dangers of this agenda. It’s not your agenda; it’s not the agenda of the average Floridian or American. This is an elite-imposed agenda.&#8221;</p><cite>Florida Governor Ron DeSantis </cite></blockquote>



<h2 id="cryptocurrency-control-concerns">Cryptocurrency control concerns</h2>



<p>The Florida governor expressed his concerns about the potential dangers of CBDCs, suggesting that the government aims to replace other cryptocurrencies with a centrally controlled digital currency.  Also, DeSantis is not alone in his criticism. Other Republican officials, including Minnesota Congressman Tom Emmer, Texas Senator Ted Cruz, and Georgia Representative Marjorie Taylor Greene, have also voiced concerns about CBDCs.</p>



<p>DeSantis emphasized Florida&#8217;s stance against CBDCs, pledging that the state would not accept them to preserve financial independence and prevent a financial surveillance state. He stated, &#8220;If the Fed or the Treasury tries to do it unilaterally – in Florida, we [will] have a prohibition against that.&#8221;</p>



<p></p>

Florida Governor DeSantis opposes CBDCs

Table of Contents

Cryptopolitan_News

Outros artigos publicados em 3 de mai. de 2023

Three Crypto Gems To Buy Now: Chainlink (LINK), Ethereum (ETH), And Collateral Network (COLT)

Bitcoin rally at crossroads as Fed preview looms, observers warn

UK government cracks down on crypto cold calls to combat fraud

Unleash the Power of Crypto with Finblox: The Next-Generation Super-App Wallet

FBI seizes crypto domains connected to money laundering

🔥 LEADERS IN GROWTH ON STEM FOR APRIL 2023

Join our free newsletter for daily crypto updates!