Florida Governor Ron DeSantis Announces Presidential Bid with Strong Pro-Crypto Stance

Florida Governor Ron DeSantis Announces Presidential Bid with Strong Pro-Crypto Stance


Florida Governor Ron DeSantis, a staunch conservative, is set to announce his candidacy for the US presidency and could be the most pro-crypto presidential candidate in history, potentially having significant consequences for the crypto industry under the current US administration.

The staunchly conservative Ron DeSantis will reveal his run for the White House on Wednesday. He will be by far one of the most pro- cryptocurrency presidential candidates in history. Nevertheless no one can see the future, a DeSantis presidency may have profound consequences for the cryptocurrency industry. Which fights for its life under the present United States administration.

Reports by media reports, Ron DeSantis, the Florida governor who easily won reelection in 2022, will reveal his candidacy for President of the  United States tomorrow. The conservative politician will kick-start his campaign on Twitter platform. Expect an Elon Musk (Tesla & SpaceX CEO) cameo.

Ron DeSantis Surges

DeSantis is broadly seen as the only candidate who can best Donald Trump for the Republican nomination. If DeSantis wins the nomination of his party, he will face President Biden in the general election.

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The Candidate of Crypto

DeSantis could well be the most pro- Bitcoin (BTC) presidential candidate in history. In March 2022, he expressed his support for allowing enterprises to settle tax bills with digital currency. More recently, he has signed a law forbidding the use of monetary authority digital currencies (CBDCs) in Florida. 

“The Biden administration’s efforts to inject a Centralized Bank Digital currency is about surveillance and control,” stated Governor Ron DeSantis in a March 20 statement.

“Today’s notice will protect Florida consumers and enterprises from the reckless adoption of a ‘centralized digital dollar’ which will stifle innovation and encourage government-sanctioned surveillance. Florida won’t be side with economic central planners; we won’t be adopt policies that threaten personal economic freedom and security.”

His opposition to CBDCs is in line with much of the cryptocurrency community. Numerous see CBDCs as another way for governments to increase economic surveillance and control.

A Pro- Cryptocurrency Governor

In May 2021, DeSantis signed legislation defining virtual currency in state statutes. He has likewise made it clear that Florida citizens can trade cryptocurrency without a license. His budget proposition for 2022 likewise included blockchain tech financing for state agencies.

For all his popularity, DeSantis is not a shoo-in. Trump still has millions of die-hard fans. And DeSantis will face some of Trump’s previous colleagues when he joins the race.

Nikki Haley is the previous Governor of South Carolina and Trump’s United States Ambassador to the United Nations. Mike Pence was Trump’s vice president for four years. Nonetheless, Pence and Trump have had a vicious sliding out since January 6, 2021, when protestors threatened Pence’s life for failing to overturn the results of the 2020 presidential election.

Reports by FiveThirtyEight, DeSantis has some way to go to beat the previous President. Their polling average puts DeSantis at approximately 20%, while Trump sits at over 50%. Other candidates are in the low single digits.

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