{"id":1985,"date":"2023-05-16T21:27:55","date_gmt":"2023-05-16T21:27:55","guid":{"rendered":"https:\/\/findbullionprices.com\/blog\/?p=1985"},"modified":"2024-11-24T18:19:09","modified_gmt":"2024-11-24T18:19:09","slug":"florida-and-indiana-ban-use-of-cbdc","status":"publish","type":"post","link":"https:\/\/findbullionprices.com\/blog\/florida-and-indiana-ban-use-of-cbdc\/","title":{"rendered":"Florida and Indiana Ban Use of CBDC"},"content":{"rendered":"\n<p>Florida and Indiana recently passed laws banning the use of a central bank digital currency (CBDC) as money.<\/p>\n\n\n\n<p>These <a target=\"_blank\" href=\"https:\/\/www.centralbanking.com\/central-banks\/currency\/digital-currencies\/7958731\/florida-adopts-anti-cbdc-law\" rel=\"noreferrer noopener\">laws explicitly exclude CBDCs <\/a>from the definition of money in Florida and Indiana, effectively banning their use as such in these states.<\/p>\n\n\n\n<p>The Florida law <a href=\"https:\/\/www.cnbc.com\/video\/2023\/05\/15\/binance-pulls-out-canada-florida-desantis-cbdc-legislation-cnbc-crypto-world.html\" target=\"_blank\" rel=\"noreferrer noopener\">defines<\/a> CBDC as a \u201cdigital medium of exchange, or digital monetary unit of account issued by the United States Federal Reserve System, a federal agency, a foreign government, a foreign central bank, or a foreign reserve system that is made directly available to a consumer by such entities\u201d and that is \u201cprocessed or validated directly by such entities.\u201d<\/p>\n\n\n\n<p>The law explicitly excludes central bank digital currency from the definition of money under the Florida Uniform Commercial Code (UCC), which regulates commerce in the state.<\/p>\n\n\n\n<p>The provisions in the new Indiana law are similar, but the bill took a very different path to enactment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Both Florida and Indiana have recently passed laws banning the use of a central bank digital currency (CBDC) as money in those states.<\/p>\n<p>These laws explicitly exclude a CBDC from the definition of money in Florida and Indiana, effectively banning its use as such in these states.<\/p>\n","protected":false},"author":1,"featured_media":1021,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[809,616,545,1],"tags":[629,625,963,961,962],"class_list":["post-1985","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cbdc","category-federal-reserve","category-news","category-uncategorized","tag-cbdc","tag-central-banks","tag-crypto-laws","tag-florida","tag-indiana"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.13 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Florida and Indiana Ban Use of CBDC - FindBullionPrices.com<\/title>\n<meta name=\"description\" content=\"Florida and Indiana recently passed laws banning the use of CBDC as money.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/findbullionprices.com\/blog\/florida-and-indiana-ban-use-of-cbdc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Florida and Indiana Ban Use of CBDC - FindBullionPrices.com\" \/>\n<meta property=\"og:description\" content=\"Florida and Indiana recently passed laws banning the use of CBDC as money.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/findbullionprices.com\/blog\/florida-and-indiana-ban-use-of-cbdc\/\" \/>\n<meta property=\"og:site_name\" content=\"FindBullionPrices.com\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/FindBullionPrices\/\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/FindBullionPrices\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-16T21:27:55+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-24T18:19:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/findbullionprices.com\/blog\/wp-content\/uploads\/2022\/02\/how-to-buy-silver-bars-with-bitcoin.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"342\" \/>\n\t<meta property=\"og:image:height\" content=\"342\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"FindBullionPrices.com\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@FindBullion\" \/>\n<meta name=\"twitter:site\" content=\"@FindBullion\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"FindBullionPrices.com\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/findbullionprices.com\/blog\/florida-and-indiana-ban-use-of-cbdc\/\",\"url\":\"https:\/\/findbullionprices.com\/blog\/florida-and-indiana-ban-use-of-cbdc\/\",\"name\":\"Florida and Indiana Ban Use of CBDC - FindBullionPrices.com\",\"isPartOf\":{\"@id\":\"https:\/\/findbullionprices.com\/blog\/#website\"},\"datePublished\":\"2023-05-16T21:27:55+00:00\",\"dateModified\":\"2024-11-24T18:19:09+00:00\",\"author\":{\"@id\":\"https:\/\/findbullionprices.com\/blog\/#\/schema\/person\/62601ec17232f3e5f3d320f5e29f17e7\"},\"description\":\"Florida and Indiana recently passed laws banning the use of CBDC as money.\",\"breadcrumb\":{\"@id\":\"https:\/\/findbullionprices.com\/blog\/florida-and-indiana-ban-use-of-cbdc\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/findbullionprices.com\/blog\/florida-and-indiana-ban-use-of-cbdc\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/findbullionprices.com\/blog\/florida-and-indiana-ban-use-of-cbdc\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/findbullionprices.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Florida and Indiana Ban Use of CBDC\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/findbullionprices.com\/blog\/#website\",\"url\":\"https:\/\/findbullionprices.com\/blog\/\",\"name\":\"FindBullionPrices.com\",\"description\":\"Compare the best prices on silver and gold bullion\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/findbullionprices.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/findbullionprices.com\/blog\/#\/schema\/person\/62601ec17232f3e5f3d320f5e29f17e7\",\"name\":\"FindBullionPrices.com\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/findbullionprices.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/e5b7041d05f8af78705c194da9e5c1f1?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/e5b7041d05f8af78705c194da9e5c1f1?s=96&d=mm&r=g\",\"caption\":\"FindBullionPrices.com\"},\"description\":\"Our mission is to be a valuable resource for bullion enthusiasts to be able to get up to date pricing, availability and information about bullion investment and collectible products from as many sources as possible. Whether you're buying silver bullion rounds or bars, or government bullion like American Silver Eagles or Canadian Maple Leafs our site will help you make better buying decisions with up to date pricing and information and special offers from reputable dealers.\",\"sameAs\":[\"https:\/\/findbullionprices.com\",\"https:\/\/www.facebook.com\/FindBullionPrices\/\",\"https:\/\/www.instagram.com\/findbullionprices\/?hl=en\",\"https:\/\/www.linkedin.com\/company\/27132268\/admin\/dashboard\/\",\"https:\/\/twitter.com\/FindBullion\",\"https:\/\/www.youtube.com\/@findbullionprices\"],\"url\":\"https:\/\/findbullionprices.com\/blog\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Florida and Indiana Ban Use of CBDC - FindBullionPrices.com","description":"Florida and Indiana recently passed laws banning the use of CBDC as money.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/findbullionprices.com\/blog\/florida-and-indiana-ban-use-of-cbdc\/","og_locale":"en_US","og_type":"article","og_title":"Florida and Indiana Ban Use of CBDC - FindBullionPrices.com","og_description":"Florida and Indiana recently passed laws banning the use of CBDC as money.","og_url":"https:\/\/findbullionprices.com\/blog\/florida-and-indiana-ban-use-of-cbdc\/","og_site_name":"FindBullionPrices.com","article_publisher":"https:\/\/www.facebook.com\/FindBullionPrices\/","article_author":"https:\/\/www.facebook.com\/FindBullionPrices\/","article_published_time":"2023-05-16T21:27:55+00:00","article_modified_time":"2024-11-24T18:19:09+00:00","og_image":[{"width":342,"height":342,"url":"https:\/\/findbullionprices.com\/blog\/wp-content\/uploads\/2022\/02\/how-to-buy-silver-bars-with-bitcoin.jpg","type":"image\/jpeg"}],"author":"FindBullionPrices.com","twitter_card":"summary_large_image","twitter_creator":"@FindBullion","twitter_site":"@FindBullion","twitter_misc":{"Written by":"FindBullionPrices.com","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/findbullionprices.com\/blog\/florida-and-indiana-ban-use-of-cbdc\/","url":"https:\/\/findbullionprices.com\/blog\/florida-and-indiana-ban-use-of-cbdc\/","name":"Florida and Indiana Ban Use of CBDC - FindBullionPrices.com","isPartOf":{"@id":"https:\/\/findbullionprices.com\/blog\/#website"},"datePublished":"2023-05-16T21:27:55+00:00","dateModified":"2024-11-24T18:19:09+00:00","author":{"@id":"https:\/\/findbullionprices.com\/blog\/#\/schema\/person\/62601ec17232f3e5f3d320f5e29f17e7"},"description":"Florida and Indiana recently passed laws banning the use of CBDC as money.","breadcrumb":{"@id":"https:\/\/findbullionprices.com\/blog\/florida-and-indiana-ban-use-of-cbdc\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/findbullionprices.com\/blog\/florida-and-indiana-ban-use-of-cbdc\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/findbullionprices.com\/blog\/florida-and-indiana-ban-use-of-cbdc\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/findbullionprices.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Florida and Indiana Ban Use of CBDC"}]},{"@type":"WebSite","@id":"https:\/\/findbullionprices.com\/blog\/#website","url":"https:\/\/findbullionprices.com\/blog\/","name":"FindBullionPrices.com","description":"Compare the best prices on silver and gold bullion","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/findbullionprices.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/findbullionprices.com\/blog\/#\/schema\/person\/62601ec17232f3e5f3d320f5e29f17e7","name":"FindBullionPrices.com","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/findbullionprices.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/e5b7041d05f8af78705c194da9e5c1f1?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/e5b7041d05f8af78705c194da9e5c1f1?s=96&d=mm&r=g","caption":"FindBullionPrices.com"},"description":"Our mission is to be a valuable resource for bullion enthusiasts to be able to get up to date pricing, availability and information about bullion investment and collectible products from as many sources as possible. Whether you're buying silver bullion rounds or bars, or government bullion like American Silver Eagles or Canadian Maple Leafs our site will help you make better buying decisions with up to date pricing and information and special offers from reputable dealers.","sameAs":["https:\/\/findbullionprices.com","https:\/\/www.facebook.com\/FindBullionPrices\/","https:\/\/www.instagram.com\/findbullionprices\/?hl=en","https:\/\/www.linkedin.com\/company\/27132268\/admin\/dashboard\/","https:\/\/twitter.com\/FindBullion","https:\/\/www.youtube.com\/@findbullionprices"],"url":"https:\/\/findbullionprices.com\/blog\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/findbullionprices.com\/blog\/wp-json\/wp\/v2\/posts\/1985","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/findbullionprices.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/findbullionprices.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/findbullionprices.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/findbullionprices.com\/blog\/wp-json\/wp\/v2\/comments?post=1985"}],"version-history":[{"count":1,"href":"https:\/\/findbullionprices.com\/blog\/wp-json\/wp\/v2\/posts\/1985\/revisions"}],"predecessor-version":[{"id":4086,"href":"https:\/\/findbullionprices.com\/blog\/wp-json\/wp\/v2\/posts\/1985\/revisions\/4086"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/findbullionprices.com\/blog\/wp-json\/wp\/v2\/media\/1021"}],"wp:attachment":[{"href":"https:\/\/findbullionprices.com\/blog\/wp-json\/wp\/v2\/media?parent=1985"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/findbullionprices.com\/blog\/wp-json\/wp\/v2\/categories?post=1985"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/findbullionprices.com\/blog\/wp-json\/wp\/v2\/tags?post=1985"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}