Will Florida ban digital currency?

This would allow the system to use the already-established privacy and identity-management frameworks used by the private sector. Florida Governor Ron DeSantis signed a bill (HB 7049) Friday banning any central bank digital currency (CBDC) issued by the U.S. for use in Florida.

Does Florida have an anti-CBDC Bill?

Sign up here! ( Kitco News) - Florida Governor Ron DeSantis has signed an anti-CBDC bill into law, banning the use of American or foreign central bank digital currency (CBDC) in the state.

Will Florida ban the use of CBDC as money?

Governor DeSantis’ first-in-the-nation proposal would amend Florida’s Uniform Commercial Code to explicitly prohibit the use of federal or foreign CBDC as money. TALLAHASSEE, Fla.

Could Florida ban bitcoin?

But the bill could accidentally ban bitcoin in Florida because it defines a CBDC as a digital currency “validated directly by” a foreign government. El Salvador President Nayib Bukele has already validated bitcoin as legal tender in his country.