Governor Ron DeSantis announced the signing of legislation to ban a federally adopted central bank digital currency in Fort Myers.

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.