this post was submitted on 12 May 2023
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Anarcho-Capitalism

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Governor DeSantis signs ban on central bank digital currency (www.fox4now.com)
submitted 2 years ago by [email protected] to c/[email protected]
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cross-posted from: https://exploding-heads.com/post/89625

The legislative proposal protects consumers and businesses from a federally controlled CBDC by:

  • Expressly prohibiting the use of a federally adopted Central Bank Digital Currency as money within Florida’s Uniform Commercial Code (UCC).
  • Instituting protections against a central global currency by prohibiting any CBDC issued by a foreign reserve or foreign sanctioned central bank.

Calling on likeminded states to join Florida in adopting similar prohibitions within their respective Commercial Codes to fight back against this concept nationwide.

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