16 Jan 2025

POTUS Candidate DeSantis Back to Discussing CBDC

POTUS Candidate DeSantis Back to Discussing CBDC

Ron DeSantis is having none of the Central Bank Digital Currency (CBDC). Should he win the 2024 election, he will ban CBDC not just in Florida but at the federal level, too.

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Florida governor Ron DeSantis has once again focused on the Central Bank Digital Currency (CBDCs).

Just several weeks ago he banned its usage in Florida after heavily criticizing it for some time.

Now that he has unveiled his intention to stand for the 2024 US Presidential Elections as a Republican candidate, DeSantis is back to discussing the CBDC.

According to fresh reports, DeSantis says that he will not introduce the CBDC should he win the election. 

Comparing CBDC and Bitcoin, he says, “many politicians in Washington are anti-Bitcoin simply because they don't have full control over it.”

In a dedicated Twitter space,  he made more big claims. Among them is that the CBDC is a way for authorities to start imposing ESG (Environmental, Social and Governance) criteria. 

“Oh, wait a minute, you filled up your gas tank three times this week, you can’t do it anymore,” he said, suggesting that the government’s intention to launch the CBDC will replace other means of “uncontrollable” payment. 

The official Federal Reserve’s site, however, does not indicate that the CBDC would replace cash or paper currency.

The Federal Reserve is committed to ensuring the continued safety and availability of cash and is considering a CBDC as a means to expand safe payment options, not to reduce or replace them,” it reads.

In 2022, DeSantis announced that Florida was working on a process to accept business tax payments in a variety of cryptocurrencies.

Previously, GNcrypto reported that Robert Kennedy Jr. is looking to accept campaign donations in Bitcoin. He is doing so due to the Canadian government’s decision to freeze the bank accounts of truck drivers protesting COVID-19 restrictions.

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