Florida Governor Ron DeSantis, the most popular and successful governor in the US and a potential Presidential candidate, posted on X today, criticizing central banker François Villeroy de Galhau, who was speaking at the WEF in Davos about central bank digital currency (CBDC) and a digital Euro.
The European Central Bank (ECB) says a digital Euro is its top project for 2026.
The pilot phase is expected to start in 2027 with the launch of the digital Euro following in 2029. The ECB is considering certain limitations on the digital Euro, such as caps on individual holdings. As it will be issued by the bank, it will be easy for authorities to monitor usage and control holdings.
Villeroy de Galhau is a French civil servant and banker who has served as Governor of the Bank of France and, ex officio, as President of the French Prudential Supervision and Resolution Authority. He is also President of the Bank for International Settlements (BIS).
Villeroy de Galhau believes that privately issued currencies, or stablecoins, will create a threat to national sovereignty. He does not explain exactly how the threat will manifest itself in the video, but declares that the answer to digital money is a CBDC.
In the US, state officials have tabled a retail CBDC due to profound privacy concerns. Regulated privately issued stablecoins have already been approved by federal law. China, a country already testing a government-issued digital currency, has publicly declared its intent to use a CBDC to exert control over the populace. It appears that controlling the amount of digital Euros held by an individual, issued by the ECB, is a first step toward leveraging technology to monitor fund usage and enable more control by EU officials.
Governor DesSantis advises Europeans to object to the ECB’s digital Euro project:
“CBDC would give the Davos central planners control over financial transactions. The proper response to CBDC: just say no.”
Like clockwork.
Central Bank Digital Currency (CBDC) being touted at the World Economic Forum in Davos.
CBDC would give the Davos central planners control over financial transactions.
The proper response to CBDC: just say no. https://t.co/OuyTBZ6jEP
— Ron DeSantis (@RonDeSantis) January 21, 2026
