Candidates for the Republican nomination for the 2024 United States presidential election who have publicly expressed their support or disdain for certain crypto-related policies will be meeting for a debate for the first time.
– Eight Republican candidates are expected to appear in Milwaukee on Aug. 23 for the party’s first debate ahead of the 2024 election season.
– Former U.S. President Donald Trump, currently facing multiple criminal indictments, has stated he will not be appearing with the other candidates.
– It is unclear if cryptocurrencies and blockchain will be mentioned at the debate, but some candidates have expressed plans to incorporate the technology in their policies.
– Florida Gov. Ron DeSantis, who is trailing behind Trump in the polls, has promised to ban central bank digital currencies in the U.S. if elected president.
– Candidate Ramaswamy advocates for the 2024 election to be a “referendum on fiat currency” and has received praise from Elon Musk.
– Miami Mayor Francis Suarez, known for promoting pro-crypto policies, entered the presidential race in June.
– Other candidates appearing in the debate include North Dakota Gov. Doug Burgum, South Carolina Sen. Tim Scott, former United Nations ambassador Nikki Haley, former U.S. Vice President Mike Pence, former New Jersey Gov. Chris Christie, and former Arkansas Gov. Asa Hutchinson.
– The 2024 elections could bring changes to digital asset policies, as Republicans currently hold a majority in the House, and seats in both the House and Senate will be up for election.
– In July, Republican lawmakers passed two bills aimed at establishing regulatory clarity for crypto firms.
– The legislation has not yet been scheduled for a full House vote.