US presidential candidate RFK to speak at crypto conference

Neutral U.S. presidential candidate recognized for his pro-cryptocurrency stance Robert F. Kennedy Jr. is about to speak on the upcoming Consensus 2024 crypto conference in Austin, Texas.

Kennedy will make clear his help for cryptocurrency and self-custody on the event, according to a press release from crypto news outlet and the event’s organizer Coindesk. He talked about:

I’m making an attempt forward to speaking later this month at Consensus 2024. I’m determined to keep up America the world chief in blockchain innovation. […] We are going to’t allow hostile regulators to drive this experience abroad.

Kennedy — an environmental lawyer and member of the distinguished Democratic Kennedy family — has taken a spot on crypto lots completely totally different from his Democratic counterparts. Whereas many Democrats keep skeptical or towards cryptocurrencies, Kennedy has openly embraced them in his advertising marketing campaign. He these days has gone as far as vowing to back the dollar with Bitcoin (BTC) and exempt the cryptocurrency from taxes if elected.

An expert-crypto democrat?

Kennedy is polling significantly behind the presumptive Republican and Democratic candidates, Donald Trump and incumbent Joe Biden, respectively. Kennedy decided to run as an unbiased candidate after failing to realize traction inside the Democratic main.

The endorsement of cryptocurrency by a member of the Kennedy family, recognized for his or her sturdy Democratic roots, is a surprising piece of trivia. John F. Kennedy — the current candidate’s uncle — served as a result of the U.S. president inside the Sixties, whereas his father, Robert F. Kennedy, served as a result of the U.S. Lawyer Widespread all through that administration sooner than working for president himself.

As a result of the 2024 U.S. presidential election approaches, the topic of cryptocurrency has become an increasing number of politicized, with Republicans usually being further pro-crypto compared with Democrats. Current United States President Joe Biden caused an outcry from the crypto enterprise with a recently proposed 30% tax on crypto mining power and confronted criticism for most likely harming the enterprise and erasing investor wealth.

Crypto has seen rising pressure from United States regulators over the earlier years. On the end of 2023, United States publicly traded commerce Coinbase petitioned the SEC for crypto-specific rules which will make it clearer what’s predicted from crypto companies — nevertheless the regulator rejected the request.