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Florida Governor Signs Bill Banning Central Bank Digital Currency

Florida Governor Ron DeSantis has signed a bill that prohibits the use of a centralized digital dollar or CBDC in the state. DeSantis has been vocal about his opposition to CBDCs, calling them part of "woke politics" that he wants to combat. The new law explicitly defines money and excludes CBDCs from its definition. DeSantis has suggested that CBDCs could be used by the government to track transactions and control Americans, and has been leading polls for potential Republican Party nominees. However, he recently announced that Florida would accept Bitcoin as payment for state taxes, but only from businesses, not individual taxpayers.

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