According to Bloomberg, if the proposal of Florida Governor Ron DeSantis is approved by state agencies, American companies registered in this state will be able to pay taxes using digital assets.
DeSantis is actively working to make Florida a hub for crypto companies. Back in December 2021, he proposed a program that would allow companies to pay state fees in cryptocurrencies. The position of the governor is actively supported by the mayor of Miami, Francis Suarez, who said that he would receive part of his salary in bitcoins.
“I told government agencies to find ways where if a business wants to pay tax in Florida crypto, we have to be prepared to accept it.”
The state’s governor is considered a potential Republican presidential nominee in the 2024 election. DeSantis is of the opinion that Joe Biden’s latest cryptocurrency regulation decree promotes centralization and carries the risk of excessive control of digital assets by the authorities.
The Governor pointed out that a CBDC (Central Bank Digital Currency) project such as the digital dollar cannot be compared to a decentralized currency such as Bitcoin. He continued that the CBDC will give the government the ability to control what citizens spend on and how they spend their money.
According to him, the possibilities of centralized control over the currency are huge and unprecedented. So it could mean that someone has the right to prevent people from buying certain goods.
These concerns echo the general consensus in the crypto sector about the potential abuse of CBDC by the government.
Recently, Minnesota Congressman Tom Emmer warned that a federally controlled CBDC could allow the US to have China-like authoritarian control over people’s finances.
Source: ixbt
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