Claim BonusUS Presidential Candidate Promises Flurry Of Pro-Crypto Reforms
Crypto Market News: United States Presidential Candidate Robert F. Kennedy Jr. once again made encouraging comments towards mainstream use of Bitcoin and cryptocurrencies in the country. He made the comments as part of the pro-crypto stance in his US presidential campaign against President Joe Biden. The candidate’s crypto stance is a welcome development for the crypto market ahead of the 2024 US presidential election. Already, a consensus has been formed among the US electorate that the debate around crypto regulation in the country would be crucial in the lead up to the election.
Also Read: Cardano Founder Calls For “Decentralized Updates” Over Ledger Controversy
The debate in election campaigns stems out of a hard stance taken by the current US administration against crypto businesses operating in the country. In recent times, criticism against the U.S. Securities and Exchange Commission (SEC) reached new heights over a series of anti crypto enforcement actions despite calls for a comprehensive regulatory framework.
Robert F. Kennedy Jr Promises Pro-Crypto Environment
Speaking at an event as part of his campaign, Kennedy raised the issue around the need for a free and fair crypto environment in the country. He also condemned the US administration’s plans to tax 30% on the electricity used for crypto mining.
“Everybody is so passionate about Bitcoin, not just because it’s a currency but because it’s an exercise of democracy. When I am President I am going to make sure you (everyone) has goth their own wallet and the government can’t interfere with it.”
Overall, the presidential candidate pressed the need for having a conducive web 3.0 environment. He said there will not be a 30% tax on electricity used for crypto mining if he is elected President. There will not be any breach of online privacy and intrusive measures, he added, stating that the US can nurture this product (Bitcoin) at home in America. He expressed optimism about creating a crypto friendly infrastructure and creating wealth for Americans.
Also Read: Bitcoin News: Whales And Miners Offload Huge BTC Ahead Of Fed Chair Powell Speech
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- Michael Saylor Says Quantum Risk To Bitcoin Is a Decade Away, Describes it as ‘FUD’
- White House Proposes Stablecoin Rewards Compromise as CLARITY Act Odds Drop to 44%
- Trump’s Board Of Peace Eyes Dollar-Backed Stablecoin For Gaza Rebuild
- Trump’s World Liberty Financial Flags ‘Coordinated Attack’ as USD1 Stablecoin Briefly Depegs
- Trump Tariffs: U.S. Threatens Higher Tariffs After Supreme Court Ruling, BTC Price Falls
- COIN Stock Risks Crashing to $100 as Odds of US Striking Iran Jump
- MSTR Stock Price Predictions As Michael Saylor’s Strategy Makes 100th BTC Purchase
- Top 3 Meme Coins Price Prediction As BTC Crashes Below $67k
- Top 4 Reasons Why Bitcoin Price Will Crash to $60k This Week
- COIN Stock Price Prediction: Will Coinbase Crash or Rally in Feb 2026?
- Shiba Inu Price Feb 2026: Will SHIB Rise Soon?
