Florida will “never recognize a centralized digital currency” in the state, Gov. Ron DeSantis’ office said on April 11, one day after state lawmakers proposed legislation that would ban central bank digital currencies (CBDCs) from being used. DeSantis’ press secretary Bryan Griffin made the comments in a post on Twitter, where he said that CBDCs are “critical to big…
IMF Opposes Making Cryptocurrency Legal Tender
The International Monetary Fund (IMF) recommended that cryptocurrencies like Bitcoin should not be legal tender, and issued an action plan to member states. The IMF released a nine-point action plan on Feb. 24 on how countries could suppress the popular use of crypto assets. On Feb. 8, the financial agency’s executive board provided guidance to IMF…
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