DeSantis reiterated his pledge to ban CBDCs and compared the U.S. government's approach to China's digital yuan trials.
, or CBDCs, should he win the Republican nomination and presidential race and take office in 2025. The Florida governor added he planned to end U.S. President Joe Biden’s “war on Bitcoin and cryptocurrency” should he win the presidency.
It’s unclear to which specific policies DeSantis was referring, but he suggested they were coming through the Federal Reserve. President Bidenestablishing plans for a regulatory framework for digital currencies in March 2022.
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