WASHINGTON, May 6 -- Sen. Rick Scott issued the following press release:

Yesterday, Senator Rick Scott participated in a Solana Policy Institute panel on the future of American cryptocurrency. U.S. Rep. Tom Emmer (R-Minn.), House Majority Whip, joined Senator Scott as a panelist.

The conversation centered around legislation to ban a Central Bank Digital Currency (CBDC), the Clarity Act, and the intersection of national security and cryptocurrency.

HIGHLIGHTS:

ON BANNING CBDCs:

Senator Scott said, "Do not trust government. So, if you don't trust government, there's no way you should allow the federal government to have a digital currency... They'll use it to hurt you... They target people. That's what governments do."

ON THE CLARITY AC...