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U.S. presidential candidate Ron DeSantis has promised to ban the digital dollar

Decidedly. Immortally. The digital dollar will not appear in our country,” DeSantis promised.

The Florida governor’s statements resonated with some congressmen. In March, Emmer called the central bank’s digital currency a tool to spy on citizens. However, Graham Steele, assistant secretary of state for US financial institutions, said the design of the digital dollar should take user privacy into account – as much as it would combat illegal financial activity.

According to the Bank for International Settlements (BIS), more than twenty central banks will have already launched their own digital currencies by 2030.