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Market News- Ron DeSantis says Elon Musk Bitcoin will die if Joe Biden re-elected.
- Florida Governor passed an anti-CBDC bill that forbade the use of domestic CBDCs.
While the BRICS continue to drive down the dollar value, the U.S. is making a lot of noise with the upcoming election. In light of the current economic unrest, Florida Governor Ron DeSantis has taken a position in favor of cryptocurrencies by promoting pro-crypto policies as part of his 2024 presidential campaign.
On May 24, DeSantis participated in the Twitter broadcast and announced his entry for the presidency of the United States in the 2024 race. Also, DeSantis tweeted on Thursday: “I’m running for president to lead our Great American Comeback.”
The glitch-filled broadcast over Twitter was hosted by venture capitalist David Sacks. Twitter boss Elon Musk, and DeSantis, and over 520,000 live listeners have joined.
However, Ron DeSantis vowed a significant commitment to “protect Bitcoin” if elected. But declared his opposition to the development of a central bank digital currency (CBDC). The Florida governor also addressed the Securities and Exchange Commission’s (SEC) battle over cryptocurrency regulation.
He continued by stating that the regulatory framework for cryptocurrencies under President Joe Biden’s administration will probably end up being fatal if he is re-elected for another four years in 2024.
Further, DeSantis passed an anti-CBDC bill in May that forbade the use of domestic CBDCs. In addition to banning the use of foreign central bank digital currency in Florida.
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Source: https://thenewscrypto.com/florida-governor-shows-support-for-bitcoin-in-presidential-campaign/