DESANTIS FIGHTS DIGITAL CURRENCY IN NEW LEGISLATIVE PROPOSAL

March 20, 2023 194 Views

 

 

 

CONTACT YOUR state legislative representative to back Florida Governor Ron DeSantis’ new legislative proposal!   Likeminded states need to join Florida in adopting similar prohibitions within their respective Commercial Codes to fight back against this authoritative concept nationwide!

 

 

TALLAHASSEE, Fla. — Today, 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).  The legislative proposal protects consumers and businesses from a federally controlled CBDC by:

 

 

        * Expressly prohibiting the use of a federally adopted Central Bank Digital Currency as money within Florida’s Uniform Commercial

Code(UCC).

       * Instituting protections against a central global currency by prohibiting any CBDC issued by a foreign reserve or foreign sanctioned central bank.

       *Calling on likeminded states to join Florida in adopting similar prohibitions within their respective Commercial Codes to fight back

against this concept nationwide.

 

 

The Biden administration’s efforts to inject a Centralized Bank Digital Currency is about surveillance and control,” said Governor Ron DeSantis. “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 surveillance. Florida will not side with economic central planners; we will not adopt policies that threaten personal economic freedom and security.”

Governor DeSantis is ahead of the curve when it comes to protecting individual rights. A Central Bank Digital Currency is the cornerstone of a federal government that could track each and every transaction that happens in the world,” said State Chief Financial Officer Jimmy Patronis. “There would be no privacy, and if there is no privacy, there are no rights. In the same way Florida is fighting back against the IRS, we need to fight back against this program. It’s how we protect freedom, liberty, and prosperity.”

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