{"id":4666,"date":"2023-05-13T17:18:41","date_gmt":"2023-05-13T21:18:41","guid":{"rendered":"http:\/\/leadingcryptonews.com\/coinbase-screws-up-florida-bans-cbdcs-and-bitcoin-ordinals\/"},"modified":"2023-05-13T17:18:41","modified_gmt":"2023-05-13T21:18:41","slug":"coinbase-screws-up-florida-bans-cbdcs-and-bitcoin-ordinals","status":"publish","type":"post","link":"https:\/\/leadingcryptonews.com\/coinbase-screws-up-florida-bans-cbdcs-and-bitcoin-ordinals\/","title":{"rendered":"Coinbase screws up, Florida bans CBDCs, and Bitcoin Ordinals…"},"content":{"rendered":"
\n<\/p>\n
An email sent out to Coinbase customers describing the Pepe the Frog meme as a \u201chate symbol\u201d co-opted by alt-right groups has drawn significant ire from the PEPE memecoin community this week. Two hours after the email was sent, the hashtag \u201c#deletecoinbase\u201d hit the trending sidebar on Twitter, with over 14,000 comments calling on users to boycott the exchange. Paul Grewal, the Coinbase\u2019s chief legal officer, took to Twitter to respond to the outrage and apologized: \u201cWe screwed up and we are sorry.\u201d<\/p>\n
United State\u2019s Florida Governor Ron DeSantis signed a bill restricting the use of central bank digital currencies (CBDCs) in the state. The new law prohibits the use of a United States federal CBDC \u201cas money within Florida\u2019s Uniform Commercial Code (UCC).\u201d It also bans the use of CBDCs issued by foreign governments and calls on other states to use their commercial codes to institute similar prohibitions. DeSantis said he was spurred into action by White House studies of the new financial technology. The law takes effect on July 1.<\/p>\n
Milady (LADYS), the self-organized memecoin based on the anime avatar NFT collection of the same name, surged by over 5,250% on May 11 after Elon Musk tweeted a meme using the imagery of a Milady NFT. The tweet also boosted the collection\u2019s average sale price. \u201cLADYS is a meme coin without any intrinsic value or expectation of financial return. There is no formal team or roadmap,\u201d said the token developers. \u201cThe coin is completely useless and for entertainment purposes only.\u201d<\/p>\n