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Bitcoin is increasingly becoming a hot-button issue among U.S. presidential candidates.
Ted Cruz said it is “more important than ever” to ensure the financial privacy of American citizens is preserved.
Florida Governor Ron DeSantis is looking to take steps to prevent residents of the Sunshine State from having CBDCs imposed on them. Surveillance and Control Central bank digital currencies are...
Governor Ron DeSantis of the U.S. state of Florida has proposed legislation to prohibit the use of central bank digital currency (CBDC) as money in his state. “The Biden administration’s efforts to inject a centralized bank digital currency is about surveillance and control,” the governor warned. Governor Ron DeSantis Proposes Law to Prevent Financial ‘Weaponization’ [...]
The post FL Gov. DeSantis Proposes Ban on Central Bank Digital Currency Use as Money appeared first on Crypto Breaking News.
Speaking at a press conference, Florida Governor Ron DeSantis disclosed plans to roll out a cryptocurrency payment option for businesses remitting taxes. (Read More)
Ron DeSantis reportedly said he wants to make sure his state is friendly to Bitcoin and cryptocurrency.
Central bank digital currency (CBDC) is a “massive threat” to liberty, Republican Governor of Florida Ron DeSantis is convinced. During an interview with former Fox News host Tucker Carlson, DeSantis vowed to send CBDC “to the ash heap of history” if he is elected President of the United States. DeSantis Tells Carlson CBDC is ‘Not [...]
The post ‘Done, Dead’ — DeSantis to Nix Central Bank Digital Currency on Day 1 appeared first on Crypto Breaking News.
During the weekend, discussions about central bank digital currencies, or CBDCs, trended on social media as many people believe the idea will result in increased financial surveillance and a totalitarian monetary system. In a recent interview, Lynette Zang, the chief market analyst at ITM Trading, warned that CBDCs will “take the world into a full [...]
The post CBDC Debate Heats Up: BIS Project Sparks Controversy Among Critics; Lynette Zang Warns of Dangers of CBDCs appeared first on Crypto Breaking News.
Miami Mayor Francis Suarez signed paperwork on June 14 signaling his intention to run for the United States presidency.
The two presidential hopefuls are of the opinion that FedNow is the first step in launching a CBDC that threatens privacy and autonomy.
The Federal Reserve is adamant that FedNow is not related to digital currencies.
The images depicting Donald Trump cuddling up to and kissing Anthony Fauci were labeled as being AI-generated on Twitter's disinformation alert feature.
Tennesse U.S. senator Bill Hagerty has warned about the consequences of the recent actions of the Securities and Exchange Commission (SEC) against cryptocurrency platforms in the country and the objectives that might be behind these. Hagerty stated that the true motivation behind the lawsuits against Coinbase and Binance is to remove the possible competitors of [...]
The post US Senator Bill Hagerty Warns SEC Actions ‘Pave the Way’ for a CBDC appeared first on Crypto Breaking News.
The pair of bills state that the trustee is required to hold a sufficient amount of gold in reserve for all units of digital currency that have been issued and still in circulation.
Two Republican lawmakers from Texas, senator Bryan Hughes and representative Mark Dorazio, have introduced legislation to create a gold-backed digital currency that could be enacted by the state legislature. The policymakers believe that this currency could greatly benefit the Lone Star State and, as an alternative digital currency, it could provide Texas residents with the [...]
The post Texas Lawmakers Introduce Bill Proposing to Establish a Gold-Backed Digital Currency appeared first on Crypto Breaking News.
From China to Canada, it’s clear that governments around the world are salivating at the prospect of introducing currencies they can manipulate hassle-free.
On Wednesday, Marjorie Taylor Greene (MTG), a Republican member of the U.S. House of Representatives, shared an article about the Federal Reserve’s Fednow project and criticized the central bank’s digital currency efforts. The representative from Georgia insisted that the U.S. should return to the “gold standard” and said she’s taking a “hard pass” on digital [...]
The post Georgia Rep. Marjorie Taylor Greene Criticizes Fednow Project, Pushes for Return to Gold Standard appeared first on Crypto Breaking News.
Ron DeSantis and Robert F. Kennedy Jr. remain critical of CBDCs.
DeSantis makes his stance on crypto known at a rally earlier this week, saying "We are going to allow Americans to invest in things like bitcoin and cryptocurrency. No one is forcing you to do it, if you want to do it, you can do it."
Video Courtesy of The IndependentSubscribe to GCP in a reader
In the wake of Florida Governor Ron DeSantis’ remarks in Jacksonville on Tuesday, both the Florida House of Representatives and Senate have approved the state’s anti-central bank digital currency (CBDC) legislation, dubbed SB 7054. The bill explicitly states that should the U.S. central bank, a federal agency, or a foreign government issue a CBDC, its [...]
The post Florida Takes a Stand Against CBDCs: Anti-CBDC Bill Receives Overwhelming Support in House and Senate appeared first on Crypto Breaking News.
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