U.S. Independent Presidential candidate Robert F. Kennedy Jr emphasized the importance of protecting transactional freedom through crypto to ensure economic growth.

Commenting on Donald Trump’s revised stance on crypto policy, Kennedy Jr praised the new perspective and urged President Joe Biden to support innovation in America by backing cryptocurrency. “I’m not going to question if it was a political decision, I’m happy he did it, and I hope President Biden does too,” said the politician.

Kennedy Jr refrained from commenting on Trump’s conviction, as industry observers speculated on how the court ruling might affect the Republican pro-crypto candidate.

The presidential candidate noted that more figures like SEC Chair Gary Gensler should recognize and encourage decentralized currencies like Bitcoin (BTC), which provide a solution to diluted monetary instruments currently affecting the U.S. capital ecosystem.

He highlighted that blockchain technology and cryptocurrencies could enable a democratized market economy where investors and individuals control their wealth outside of government interference, as stated during his speech at Consensus 2024.

“Blockchain technology and cryptocurrencies can power a democratized market economy where investors and individuals control their wealth outside government interference.”

Robert F. Kennedy Jr., an Independent U.S. Presidential Candidate, shared these views at Consensus 2024, Austin, USA.

Kennedy Jr proposed that the government should ensure digital asset ownership, sovereign wallet control, and consumer protection from scams by establishing a clear crypto regulatory framework. He also suggested that crypto should be treated as currency and exempt from capital gains, allowing people to buy and use these virtual currencies for transactions.

His speech echoed sentiments from crypto experts like Coinshare chief strategy officer Meltem Demirors and A16z Crypto founder Chris Dixon, who emphasized the potential impact of the crypto voting block in this year’s presidential elections.

A recent poll indicated that over 44% of voters either own digital assets or consider blockchain policies when choosing candidates.

Regardless of the U.S. electoral outcome, it remains uncertain whether crypto regulations will be enacted this year. Congressman Tom Emmer mentioned at Consensus that a year-end Senate session might be the best opportunity for decisive digital asset rules before next year.

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