November 23, 2024

Rise To Thrive

Investing guide, latest news & videos!

Republican candidate wants to end President Biden’s supposed ‘war on Bitcoin’ if elected

1 min read
Republican candidate wants to end President Biden’s supposed ‘war on Bitcoin’ if elected

Florida Gov. Ron DeSantis has pushed a platform based partly on “economic independence” in his 2024 presidential campaign, specifically taking a stance on digital currencies. 

Speaking at a campaign event in New Hampshire on July 31, DeSantis

Nearly all polls show DeSantis trailing well behind twice-impeached former president and federally indicted candidate Donald Trump. Both candidates are expected to face elections in state primaries starting in January, leading to a final vote to determine the party candidate at the Republican National Convention in July 2024.

Both Democratic and Republican candidates vying for a place in the 2024 presidential election have voiced opinions on cryptocurrencies like Bitcoin (BTC) and CBDCs. Robert F. Kennedy Jr., a Democratic party candidate polling roughly 40-50 points behind Biden, has made several pro-crypto statements in his campaign and revealed several BTC purchases. Miami Mayor Francis Suarez, who accepted a BTC salary for his position and helped launch the “MiamiCoin” project, announced his candidacy for the Republican nomination in June.

Magazine: US enforcement agencies are turning up the heat on crypto-related crime