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U.S. Independent Presidential candidate Robert F. Kennedy Jr said transactional freedom through crypto must be protected to ensure economic growth.
Commenting on <a href="https://crypto.news/?s=Trump" target="_blank" rel="noopener noreferrer nofollow">Donald Trump</a>’s U-turn on crypto policy, Kennedy Jr lauded the revamped view and implored President <a href="https://crypto.news/?s=Biden" target="_blank" rel="noopener noreferrer nofollow">Joe Biden</a> to side with innovation in America by supporting crypto.&nbsp;“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 abstained from commenting on Trump’s conviction, as industry observers pondered how the court ruling might impact the Republican pro-crypto candidate.
The presidential candidate added that more figures like SEC Chair <a href="https://crypto.news/?s=Gensler" target="_blank" rel="noopener noreferrer nofollow">Gary Gensler</a> should recognize and encourage decentralized currencies like Bitcoin (<a href="https://crypto.news/price/bitcoin/" target="_blank" rel="noopener noreferrer nofollow">BTC</a>), which offer a solution to diluted monetary instruments currently overshadowing the U.S. capital ecosystem.
Blockchain technology and cryptocurrencies can power a democratized market economy where investors and individuals control their wealth outside government interference, per Kennedy Jr’s comments at Consensus 2024.&nbsp;
<figure class="wp-block-image size-large"><img loading="lazy" width="1024" height="576" src="https://crypto.news/app/uploads/2024/05/Robert-F.-Kennedy-Jr-at-Consensus-2024-1024x576.jpg" alt="Robert Kennedy Jr at Consensus 2024: Crypto is freedom, transparency - 24">
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 Robert F Kennedy, Jr., Independent, U.S. Presidential Candidate, Michael Casey, Chair, Consensus 2024, CoinDesk, RFK Jr. on Bitcoin, Liberty, and Outsider Politics, Mainstage, <a href="https://consensus2024.coindesk.com/agenda/" target="_blank" rel="noopener noreferrer nofollow">Consensus 2024</a> by CoinDesk, Austin, USA
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You might also like: <a href="https://crypto.news/consensus-2024-ripple-ceo-stablecoins-etfs/" rel="noopener noreferrer nofollow"> Consensus 2024: Ripple CEO talks stablecoins, DC shift, ETFs </a>
<h2 class="wp-block-heading" id="the-way-forward">The way forward</h2>
Kennedy Jr opined that the government must guarantee digital asset ownership, sovereign wallet control, and consumer protection from scams like FTX by creating a clear crypto regulatory framework.&nbsp;
According to the politician, crypto should also be treated as currency and exempt from capital gains. Fair digital assets policies means people “ have a choice as to whether they can buy” these virtual currencies and use them to settle purchases.&nbsp;
Kennedy Jr’s speech strengthened remarks from experts like Coinshare chief strategy officer Meltem Demirors and A16z Crypto founder <a href="https://crypto.news/consensus-2024-a16z-crypto-lobbying-donation/" target="_blank" rel="noopener noreferrer nofollow">Chris Dixon</a>, who said the crypto voting block may be crucial to this year’s presidential elections.&nbsp;
A <a href="https://crypto.news/from-donations-to-decisions-how-crypto-pacs-target-senate-races/" target="_blank" rel="noopener noreferrer nofollow">poll</a> found that over 44% of voters either own digital assets or factor blockchain policies when deciding between candidates.
Regardless of the U.S. electoral outcome, it’s uncertain if crypto regulations will pass this year.&nbsp;Congressman Tom Emmer <a href="https://crypto.news/tom-emmer-at-consensus-2024-crypto-is-nonpartisan-and-here-to-stay/" rel="noopener noreferrer nofollow">told</a> Consensus attendees that an end-of-year Senate session might be the best chance for decisive digital asset rules before next year.
Read more: <a href="https://crypto.news/tom-emmer-at-consensus-2024-crypto-is-nonpartisan-and-here-to-stay/" rel="noopener noreferrer nofollow"> Tom Emmer at Consensus 2024: Crypto is nonpartisan and here to stay </a>

Robert Kennedy Jr at Consensus 2024: Crypto is freedom, transparency

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