Ron DeSantis, a Republican Presidential candidate, has stated that he will immediately block the introduction of central bank digital currency (CBDC) if he is elected as president. DeSantis believes that CBDCs pose a significant threat to American liberty and that state-level restrictions will prevent the Federal Reserve from introducing them. He also expressed concerns about the World Economic Forum's plans to eliminate cash and crypto, which could lead to the blocking of "undesirable purchases" through the use of CBDCs. However, many countries that are in the process of introducing CBDCs already have measures in place to restrict illegal purchases and track transactions.
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