RP You Need to Know: UPDATE to CBDCs FL Gov DeSantis to ban CBDCs in FL.

In a special update to our You Need to Know show on CBDCs.   Florida Governor Ron DeSantis proposes legislation to ban Central Bank Digital Currency/CBDCs in the state of Florida.   
“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.”

“What a central bank digital currency is all about is surveilling Americans and controlling Americans,” he said. “You're opening up a major can of worms, and you're handing a central bank huge, huge amounts of power, and they will use that power.”

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