Bitcoin Presidential Candidates Pool Shrinks Further Trump, RFK Jr. Remain Sole Hopes For Crypto World After DeSantis Exits By Benzinga
Viral Summary: The US presidential race shifts as pro-crypto candidates Vivek Ramaswamy and Ron DeSantis drop out, leaving only two supporters remaining.
The race for the United States presidency has taken an interesting turn as both Vivek Ramaswamy and Ron DeSantis, who are advocates for the cryptocurrency industry, have officially ended their campaigns. This leaves just Democratic candidate Dean Phillips and independent Robert F. Kennedy Jr. as the remaining proponents of pro-crypto policies.
Former President Trump, who has not definitively declared his support for cryptocurrencies, launched his collection of non-fungible tokens (NFTs) in 2022, which quickly sold out. His third series of digital trading cards, "The MugShot Edition," introduced Bitcoin Ordinals, unique digital assets inscribed onto satoshis, the smallest unit of Bitcoin.
Despite his previous disapproval of cryptocurrencies, Trump expressed his opposition to central bank digital currencies (CBDC) during a recent campaign stop in New Hampshire. This has left Phillips and Kennedy Jr. as the sole presidential hopefuls openly supportive of cryptocurrency innovation, with Kennedy being the first candidate to accept Bitcoin for campaign contributions.
With the departures of Ramaswamy and DeSantis, Phillips and Kennedy Jr. remain as the only presidential candidates openly supportive of cryptocurrency innovation. Other candidates such as Cornel West, Jill Stein, Nikki Haley, and Ryan Binkley have remained silent on their positions regarding cryptocurrency.
At the time of writing, Bitcoin was trading at $41,133, down 1.12% in the last 24 hours. This development in the presidential race has significant implications for the future of cryptocurrency policy in the United States.