- Florida Governor Ron DeSantis committed to ending Biden’s war on Bitcoin and cryptocurrencies.
- DeSantis made the commitment during a campaign event last Monday.
- The presidential candidate also promised to abolish CBDCs on his first day in office.
Governor Ron DeSantis of Florida, United States, committed to ending the so-called “war on Bitcoin” and cryptocurrencies being waged by the Biden administration if he becomes the next President of the United States. DeSantis committed during a campaign event this Monday in pursuit of the Republican party’s nomination for the upcoming presidential election.
While speaking at the event, DeSantis said he already signed legislation in Florida that the state does not recognize central bank digital currencies (CBDCs). According to him, even though Congress could override his decision, he does not think the Fed will do the same. However, he further stated that as President of the United States, he would abolish CBDCs on his first day in office.
DeSantis continued by promising to let Americans invest in Bitcoin and cryptocurrencies in general. He emphasized the right of citizens to make their own decisions regarding crypto, and that no-one would be compelled to invest in any particular way. Rather, anyone comfortable investing in Bitcoin or cryptocurrency would be free to do so.
According to DeSantis, his ascension to the seat of the President of the United States will bring an end to Biden’s war on cryptocurrency. He said:
Biden’s war on Bitcoin and cryptocurrency will come to an end when I become President.
Biden’s tenure as the President of the United States has seen several crackdowns on Bitcoin and cryptocurrency. The Securities and Exchange Commission (SEC) has attacked Bitcoin and various crypto assets on multiple occasions. They have accused several digital tokens of being unregistered securities and filed lawsuits against large exchanges like Binance and Coinbase for allowing trades of such assets on their platforms.
DeSantis promised to change the narrative by providing a friendly environment in the United States for Bitcoin and crypto practitioners to exist.
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