Florida governor and presidential hopeful Ron DeSantis says he would call off the Biden administration’s alleged attack against the crypto industry on his first day in office if elected as commander in chief.

“Biden’s war on Bitcoin and cryptocurrency will come to an end when I become president,” said DeSantis during a campaign stop in New Hampshire on Monday.

The Republican, who has previously expressed support for the right to use Bitcoin, reiterated his impartial attitude toward the technology, while again blasting the current administration’s consideration of a Central Bank Digital Currency (CBDC). “As President, on day one, CBDC goes into the trash can—we’re not going to allow it,” he said.

Unlike private-market cryptocurrencies, a CBDC is issued directly by a country’s central bank and can be programmed to prohibit certain transactions. DeSantis signed state-level legislation in May banning the issuance of a federal CBDC within Florida’s borders, blasting it as a tool for financial surveillance.

After announcing his campaign bid, DeSantis joined Elon Musk in a Twitter Spaces to expand upon his position, and insisted that citizens have “ev

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Author: Andrew Throuvalas

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