Florida Governor Ron DeSantis signed a bill that restricts the use of central bank digital currencies (CBDCs) within Florida’s Uniform Commercial Code (UCC) and bans foreign government-issued CBDCs. The governor’s actions were spurred by the Biden administration’s studies of the financial technology. The new law also calls on other states to institute similar prohibitions.
![](https://reclaimthenet.org/wp-content/uploads/2024/07/goog-cook-1024x576.jpg)