Ron Desantis Says, 'Biden's War On Bitcoin Will End When I Am President' — 'CBDC Goes Into The Trash'
Portfolio Pulse from Mehab Qureshi
Republican presidential candidate and Florida Governor Ron DeSantis criticized the Biden Administration for its perceived 'war' on Bitcoin and cryptocurrencies. DeSantis vowed to end such policies if elected as President. His comments came amid recent charges by the SEC against cryptocurrency exchanges Coinbase and Binance. DeSantis also criticized the current administration’s consideration of a Central Bank Digital Currency (CBDC), stating that he would not allow it. At the time of writing, Bitcoin was trading at $28,923, down 1.41% in the last 24 hours.
August 01, 2023 | 3:14 am
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POSITIVE IMPACT
The comments by Ron DeSantis, if he is elected as President, could potentially have a positive impact on Bitcoin as he supports the freedom to invest in digital assets and opposes the idea of a Central Bank Digital Currency (CBDC).
Ron DeSantis's comments show his support for Bitcoin and cryptocurrencies. If he is elected as President, his policies could potentially be favorable for Bitcoin, which could have a positive impact on its price. His opposition to a CBDC also indicates his preference for decentralized cryptocurrencies, which could further boost Bitcoin.
CONFIDENCE 70
IMPORTANCE 80
RELEVANCE 100