In a recent interview with the New York Post, the U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) said he would ensure there are policies supporting Bitcoin (BTC) and the freedom to transact when elected. The politician also stated that he would allow only the narrowest controls on the leading cryptocurrency to prevent money laundering. On the other hand, RFK Jr. underlined that he is against central bank digital currencies (CBDC) since he sees them as an instrument of control, oppression, and abuse. - The U.S. presidential candidate also showed his support for Bitcoin in May during his appearance at the Bitcoin 2023 conference in Miami.
- During the event, RFK Jr. praised Bitcoin as an exercise in democracy and freedom.
- Kennedy Jr. also became the first politician in U.S. history to accept campaign donations in Bitcoin.
- Besides, the crypto-friendly Democratic candidate previously criticized U.S. President Joe Biden's administration for its practices that hobble the crypto industry and drive innovation elsewhere with a strict regulatory approach.
- RFK Jr. is the nephew of the 35th President of the U.S., John F. Kennedy.
Over the last several months, many crypto firms, including Binance, Coinbase, Bittrex, Kraken, and Gemini, have come under increased scrutiny by U.S. regulators such as the Securities and Exchange Commission (SEC), the Internal Revenue Service (IRS), and the Commodity Futures Trading Commission (CFTC). - Similarly to RFK Jr., many U.S. lawmakers, including Florida Gov. Ron DeSantis and Sen. Ted Cruz from Texas, have recently argued that a potential CBDC would promote government surveillance and violate the privacy rights of American citizens.
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