DeSantis grills Fed for considering digital central currency, argues it will be abused

cross-posted from: https://exploding-heads.com/post/86621

DeSantis noted that central currency differs from traditional cryptocurrency, which is decentralized in nature.

The governor said the proposal would also prohibit any CBDC issued by a foreign reserve or government-sanctioned central bank.

“This will ensure that any effort to adopt a worldwide digital currency will never occur in the Free State of Florida,” he said.