US presidential candidate RFK to speak at crypto conference

Unbiased U.S. presidential candidate recognized for his pro-cryptocurrency stance Robert F. Kennedy Jr. is ready to talk on the upcoming Consensus 2024 crypto convention in Austin, Texas.

Kennedy will clarify his assist for cryptocurrency and self-custody on the occasion, according to a press release from crypto news outlet and the event’s organizer Coindesk. He mentioned:

I’m trying ahead to talking later this month at Consensus 2024. I’m decided to maintain America the world chief in blockchain innovation. […] We will’t enable hostile regulators to drive this expertise overseas.

Kennedy — an environmental lawyer and member of the outstanding Democratic Kennedy household — has taken a place on crypto a lot completely different from his Democratic counterparts. Whereas many Democrats stay skeptical or against cryptocurrencies, Kennedy has brazenly embraced them in his marketing campaign. He not too long ago has gone so far as vowing to back the dollar with Bitcoin (BTC) and exempt the cryptocurrency from taxes if elected.

A professional-crypto democrat?

Kennedy is polling considerably behind the presumptive Republican and Democratic candidates, Donald Trump and incumbent Joe Biden, respectively. Kennedy determined to run as an impartial candidate after failing to achieve traction within the Democratic main.

The endorsement of cryptocurrency by a member of the Kennedy household, recognized for his or her sturdy Democratic roots, is a stunning piece of trivia. John F. Kennedy — the present candidate’s uncle — served because the U.S. president within the Nineteen Sixties, whereas his father, Robert F. Kennedy, served because the U.S. Lawyer Common throughout that administration earlier than working for president himself.

Because the 2024 U.S. presidential election approaches, the subject of cryptocurrency has turn out to be more and more politicized, with Republicans usually being extra pro-crypto in comparison with Democrats. Present United States President Joe Biden brought about an outcry from the crypto trade with a recently proposed 30% tax on crypto mining energy and confronted criticism for probably harming the trade and erasing investor wealth.

Crypto has seen growing strain from United States regulators over the previous years. On the finish of 2023, United States publicly traded change Coinbase petitioned the SEC for crypto-specific rules that might make it clearer what is anticipated from crypto corporations — however the regulator rejected the request.