Florida governor, who pledged CBDC ban, comes in second in Iowa Caucus

Ron DeSantis, who vowed to ban central bank digital currencies if elected U.S. president, came in roughly 30 points behind former President Donald Trump in a key state race.

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Ron DeSantis, the governor of Florida and a candidate for the 2024 United States presidential election, has come in second in a key battleground state for the Republican Party nomination.

According to multiple media outlets reporting on the Iowa Republican caucus on Jan. 15, DeSantis lost to former U.S. President Donald Trump with roughly 21% of the vote. Iowa results at the time of publication showed 23,420 people voted for DeSantis compared with 56,260 for Trump, winning the Florida governor eight delegates in the Republican National Convention scheduled for July.

DeSantis, who officially launched his presidential bid in July 2023, vowed to ban central bank digital currencies (CBDCs) in the U.S. if elected. Before starting his campaign, he signed a bill into law in Florida restricting the use of federally issued CBDCs in the state, claiming they would threaten consumers’ financial freedom.

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