Ron DeSantis

Newly announced Republican presidential hopeful Ron DeSantis claimed that the crypto industry would be doomed if President Biden is reelected

The bill effectively prohibits CBDCs for use as money across the state and is expected to take effect on July 1 following Governor Ron DeSantis’ seal of approval

The bill would ban North Carolina state government entities from accepting any CBDC, although a US digital dollar isn’t in the works just yet

The House Commerce Committee reportedly voted 15-5 in favor of passing a bill that blocks the use of a federally-backed CBDC under Florida law

