During a recent speech in Jacksonville, Governor Ron DeSantis again called for a ban on central bank digital currencies.
He signed a bill to combat the U.S. government’s environmental and social management (ESG) standards. Bill prohibits use of Florida state budget for ESG investments.
In addition to criticizing these standards, DeSantis spoke out against the introduction of the digital dollar and expressed support for cryptocurrencies.
“The danger of the digital dollar is that the government wants to make it the only currency to get rid of crypto-assets.
The authorities don’t like cryptocurrencies because they can’t control them, so their goal is to move everyone to the central bank’s digital currency,” DeSantis said.
The governor added that if the Fed or the Treasury Department did try to unilaterally implement the digital dollar, it would be banned in Florida.
This will give locals a guarantee of their financial independence and the absence of surveillance by the state, which seeks to be aware of every transaction made.
In March, DeSantis introduced a bill to ban digital dollars in the state to preserve citizen privacy.
DeSantis’ point of view is shared by Republican Ted Cruz. He believes the digital dollar will stifle Americans’ financial freedom and prevent the introduction of bitcoin.