APOKA, Fla.—Florida Gov. Ron DeSantis signed “transactional gold” legislation on Wednesday, aiming to help Floridians use precious metals in commerce and savings to protect their purchasing power from inflation.
The move can also protect the freedom and privacy of citizens if federal policymakers were to ever revisit Biden-era plans for tools such as a central bank digital currency, the governor said. Those federal proposals were among the key reasons this sort of state policy was pursued in the first place, he said.