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As the 2024 US presidential election looms, will the White House’s next occupant usher in a cryptocurrency bull market, or will they double down on stringent regulations? Reigning President Joe Biden, who seeks a second term, has offered a mix of skepticism and caution towards the digital finance realm. Under his
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Miami Mayor Francis Suarez, one of the few cryptocurrency-friendly candidates running for president of the United States in 2024, has announced he will be suspending his campaign.In an Aug. 29 announcement on X (formerly Twitter), Suarez said that while running for U.S. president had been “one of the greatest honors
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"I look forward to keeping in touch with the other Republican presidential candidates and doing what I can to make sure our party puts forward a strong nominee who can inspire and unify the country, renew Americans’ trust in our institutions and in each other, and win," he concluded. Original Source
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Candidates for the Republican nomination for the 2024 United States presidential election who have publicly expressed their support or disdain for certain crypto-related policies will be meeting for a debate for the first time.At the time of publication, eight presidential candidates with the Republican Party are expected to appear in
Read MoreX (formerly Twitter) owner Elon Musk is known to have an underlying interest in politics and cryptocurrencies. And this time around, the
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X (formerly Twitter) chairman and chief technology officer Elon Musk has praised Vivek Ramaswamy, the young and emerging United States Republican presidential candidate.Musk responded to a snippet of Ramaswamy’s interview on Tucker Carlson’s Tucker on Twitter podcast, saying, “Vivek Ramaswamy is the youngest-ever Republican presidential candidate.“ Musk added, “He is a
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"The central bank is a scam, a mechanism by which politicians cheat the good people with inflationary tax,” Milei has previously argued. Regarding Bitcoin, he said that it "represents the return of money to its original creator, the private sector.” Source
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"Officially, my campaign is accepting bitcoin," Suarez said. "This is a process of developing technologies that are going to create democratizing opportunities for wealth creation and are not manipulated by a human being's ulterior motives, political goals, etc." he said. Source
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“I think that bitcoin, for me, for a number of reasons, does not yet meet that commodity basket,” Ramaswamy said. “I’m a bitcoin fan. I spoke at a bitcoin conference. I want to stabilize the dollar against agriculture and farm commodities, gold, silver and nickel.” Source
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For an industry that rarely gets mainstream political support, Bitcoin recently received a massive endorsement after Democratic Presidential candidate Robert F. Kennedy spoke out in support of the cryptocurrency. According to RFK, arguments against adopting Bitcoin due to perceived environmental impact are merely a cover to curtail financial freedom. Responding to
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