
Anti-CBDC Governor Ron DeSantis Withdraws from Presidential Race, Backs Trump
A known supporter of Bitcoin, DeSantis has openly opposed the idea of a government-issued central bank digital currency, calling it a threat to financial freedom.
A known supporter of Bitcoin, DeSantis has openly opposed the idea of a government-issued central bank digital currency, calling it a threat to financial freedom.
DeSantis spoke about allowing Americans to invest in digital assets such as Bitcoin (BTC).
The Republican presidential candidate has remained anti-CBDC even in his current position having signed a bill to prohibit the use of CBDC in Florida.
The Florida governor highlighted Congress’s deliberate acts of never addressing cryptocurrencies, describing them as a bureaucracy that just loves to impose its will.
The decision of Governor DeSantis to ban CBDCs in Florida has drawn criticism from some legal experts.
The United States has been working on its own CBDC after the Biden-led administration developed policy objectives in 2022.