‘We’re on offense’: Gov. DeSantis signs digital currency, gun sale tracking bills

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‘We’re on offense’: Gov. DeSantis signs digital currency, gun sale tracking bills
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Gov. Ron DeSantis declared Friday that Florida is “on offense” as he signed two bills he said would protect Floridians against looming threats to their financial independence and financial privacy.

“We’re leading, getting ahead of issues, and we’re making sure that your freedoms are protected against threats that may not even necessarily be here right now but are developing,” DeSantis said at a news conference in Fort Myers. “That, I think, is the hallmark of good leadership.”

DeSantis explained that the “Central Bank Digital Currency” bill codifies that Florida will not recognize such a currency in the state’s Uniform Commercial Code., which would enable the general public to make digital payments through a centralized currency. Right now, physical currency is the only type of central bank money available to the general public.

DeSantis said some states have begun adding CBDC to their Uniform Commercial Codes, but Florida is going in the opposite direction -- actually blocking the term from the code and saying the state won’t recognize it.The bill prevents credit-card companies from tracking firearm and ammunition sales by using a separate “merchant category code” for sales at gun businesses.

Democrats argued the bill would interfere with businesses and hinder efforts to track guns used in violent incidents.

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