Bitcoin
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Florida Governor Ron De Santis, along with Elon Musk, participated in a large-scale Twitter Spaces session, which was hosted by entrepreneur David Sachs. The official criticized the actions of the Biden administration in relation to bitcoin and the entire segment of digital assets.
According to DeSantis, the US government sees a real threat in the flagship crypto coin and is trying to eliminate it. The specialist noted: “All users have the full right to work with bitcoin. But the only reason the government doesn’t like him is that he can’t be fully controlled.”
During the lengthy conversation, DeSantis, Musk, and Sachs also commented on the central bank digital currency segment. The Governor of Florida noted that he intends to fight with ineffective legislation regarding digital assets with all his might. He also once again focused on his critical position regarding the CBDC. In his opinion, the digital dollar can become a real threat to the financial independence of ordinary citizens and entrepreneurs.
The federal system continues to actively explore the concept of CBDC. According to experts, the regulator thereby seeks to impose clear competition on China and its digital yuan. But, it is noteworthy that some US officials oppose the idea of creating eUSD, believing that it will become a tool for tighter financial oversight, which will severely restrict consumer freedoms.
In the past, the Crypto.ru editors reported that the announcement of the introduction of USDT into the DOT network is already giving a positive result. It is noteworthy that the Statemint parachain noted an increase in trading activity immediately by 125% per day. The crypto community is generally positive about the impact of USDT on the DOT network.
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