Governor Ron DeSantis announced comprehensive legislation to protect Floridians from the Biden administration’s weaponization of the financial sector through a Central Bank Digital Currency (CBDC).
"Today s announcement will protect Florida consumers and businesses from the reckless adoption of a centralized digital dollar which will stifle innovation and promote government-sanctioned
In support of a U.S. CBDC, Governor Brainard stated there are four developments driving increased focus on a CBDC: the role of digital private money, migration to digital payments, plans for the use of foreign CBDCs in cross-border payments, and financial exclusion concerns.