DeSantis Bans Central Bank Digital Currency – Intercessors for America

DeSantis signed legislation that bans federal digital currency. Praise God!

From WFTV9. Gov. Ron DeSantis on Friday signed bills that push back against the possibility of a federal central-bank digital currency and seek to prevent credit-card companies from tracking firearm and ammunition sales.

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One of the bills (SB 7054) would prevent digital currency issued by the U.S. Federal Reserve or foreign governments from being treated as money under Florida’s Uniform Commercial Code. …

DeSantis, who is widely expected to run for president in 2024, said the bill is designed to keep the federal government from deciding how people can use their money.

“They’re going to be able to have the window into what you’re doing with the money and the ability to control where that money is going,” DeSantis said during an event in Fort Myers. …

The other bill signed Friday (SB 214) will prevent credit-card companies from using a separate “merchant category code” for sales at gun businesses in Florida. …

The new laws will take effect on July 1.

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(Excerpt from WFTV9. Photo Credit: Cliff Hawkins/Getty Images)