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- Florida Governor Ron DeSantis is starting to make a name for himself as one of the strongest supporters of the United States political leadership before the 2024 presidential election.
- DeSantis will work to protect cryptocurrencies and end politically directed de-banking and financial disclosures.
- Leaders like DeSantis and Kennedy Jr. can potentially have the biggest impact on changes in regulations.
Bitcoin supporter and US presidential candidate, Florida Governor Ron DeSantis, has announced his promises regarding the economy; What steps will be taken for Bitcoin?
Bitcoin Supporter Candidate Announces Promises
US presidential candidate and Florida Governor Ron DeSantis is starting to make a name for himself as one of the strongest supporters of the United States political leadership before the 2024 presidential election. As a new development, the candidate has released a Statement promising to fully support Bitcoin and prevent the United States Federal Reserve from establishing a Central Bank Digital Currency (CBDC).
Recent reports suggest that DeSantis is preparing to accept crypto donations for his campaign, following another presidential candidate Robert F. Kennedy Jr.’s announcement of accepting Bitcoin campaign donations. In this context, the presidential candidate published a report containing a series of promises called the Economic Independence Declaration and stated the following:
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- If elected, DeSantis will ensure that the Federal Reserve does not implement a central bank digital currency. DeSantis will prevent the establishment of CBDC or other policies that will bring us closer to a social credit system.
- The candidate pledged to protect entrepreneurship from central planners in the context of Washington’s initiatives to regulate and hinder innovations such as Bitcoin and other new technologies.
- DeSantis will work to protect cryptocurrencies and end politically directed de-banking and financial disclosures.
Impact on the Pyramid
Meanwhile, the crypto ecosystem has recently raised expectations for the approval of the first spot Bitcoin ETF product in the United States. However, after the recent setback faced by Grayscale’s Bitcoin Trust in its move to convert into a spot ETF, the decision-making responsibility falls on the US SEC.
While lawmakers like Patrick McHenry have criticized the SEC’s approach to addressing the crypto ecosystem, leaders like DeSantis and Kennedy Jr. can potentially have the biggest impact on changes in regulations.
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