Signing a law banning the use of a central bank digital currency

The US state of Florida has banned it CBDC Central Bank Digital Currency Officially, after approval of the law SB7054 or HB 7049 by the State House and Senate.

Also read: New York: Encryption Law Proposed One of the Strongest and Most Comprehensive Regulations in the United States

Where the ruler Ron DeSantis With the ratification of the law, the ban was confirmed on Friday, and the signing ceremony, which was held in Fort MyersState Minister of Agriculture, Wilton SimpsonPresident of the Southwest Florida Public Service Academy at Fort Myers Technical College. Kathleen Passidomo.

It is worth noting that the new law will enter into force on July 1, 2023, as many Republican lawmakers, including Tom Emmer AndTed CruzBills opposing the use of CBDCs.

Although the ruler DeSantis Emphasizes politicians and other states, to follow in Florida’s footsteps and take a stand against CBDCsHowever, not everyone agrees with this decision.

Florida: Signing a law banning the use of a central bank digital currency

Where he criticized the economist and Nobel laureate Paul Krugmanthe new law, stating that it was highly unlikely that a state government would have the right to prohibit the use of CBDC Central Bank Digital Currency.

On the other hand, others were more welcoming to these currencies, and surprisingly, the Democratic Senator Elizabeth Warren From Massachusetts, known for its strong stance against corruption in the banking industry, supports CBDCs.

where she Warren In a recent interview with Chuck Todd from channel NBCon its support for CBDCs, saying:

“It is time for us to move in this direction.”

Finally, he is still the ruler Disantis DeSantis Firm in his belief that CBDCs pose a threat to the financial stability of the state of Florida, he said:

“I’m glad we’re thinking about the future here in Florida, because once that genie is out of the bottle, I think it’s going to be very difficult to get him back.”

Also read: The United States is investigating the “Binance” exchange for possible violations of Russian sanctions

It is also a common belief that DeSantis He sets his sights on the White House, and will run for the presidency of the United States in the 2024 elections.

gold price

bitcoin price

Related Articles

Back to top button
Translate »

Adblock Detected

please turn off ad blocker