See More

Pro-Crypto Florida Governor Ron DeSantis to Announce Presidential Run

2 mins
Updated by Michael Washburn
Join our Trading Community on Telegram

In Brief

  • Ron DeSantis, the popular Florida governor, is set to announce his candidacy for the highest US office.
  • DeSantis is shaping up as one of the most pro-crypto presidential candidates in history.
  • If DeSantis secures the Republican nomination, he will likely face President Joe Biden in the general election.
  • promo

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

According to media reports, Ron DeSantis, the Florida governor who easily won reelection in 2022, will announce his candidacy for President of the United States tomorrow. The conservative politician will kick-start his campaign on Twitter. Expect an Elon Musk cameo.

Ron DeSantis Surges

DeSantis is widely 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.

Ron DeSantis at CPAC.
Source: Gage Skidmore.

The Candidate of Crypto

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

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

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

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

A Pro-Crypto Governor

In May 2021, DeSantis signed legislation defining virtual currency in state statutes. He has also clarified that Florida citizens can trade crypto without a license. His budget proposal for 2022 also included blockchain funding 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 former colleagues when he joins the race.

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

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

Top crypto projects in the US | July 2024
Harambe AI Harambe AI Explore
Uphold Uphold Explore
Exodus Exodus Explore
Coinbase Coinbase Explore
Chain GPT Chain GPT Explore
Top crypto projects in the US | July 2024
Harambe AI Harambe AI Explore
Uphold Uphold Explore
Exodus Exodus Explore
Coinbase Coinbase Explore
Chain GPT Chain GPT Explore
Top crypto projects in the US | July 2024

Trusted

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.

Frame-2298.png
Josh Adams
Josh is a reporter at BeInCrypto. He first worked as a journalist over a decade ago, initially covering music before moving into politics and current affairs. Josh first owned Bitcoin in 2014 and has followed the space ever since. He is particularly interested in Web3 adoption, policy and regulation, CBDCs, privacy, and the future of the metaverse.
READ FULL BIO
Sponsored
Sponsored