While the current US crypto industry faces significant challenges from the administration, favorable news has come to light concerning the next presidential run. Florida governor Ron Desantis, one of the most pro-crypto presidential candidates, is all ready to announce his entry for the White House race on Wednesday.
Although the future is uncertain, the crypto industry can thrive with the support of Ron Desantis. The media reports state that the governor will announce his bid for the presidential race on Wednesday. Their team will start campaigning on Twitter and may arrange for an Elon Musk cameo for the same. Earlier, Ron Desantis had won the re-election in 2022 without any hassles, so the presidential future may see some light.
DeSantis has made several statements and laws that support or protect the crypto community, making him a pro-crypto governor. Recently, he signed an anti-Central Bank Digital Currencies (CBDCs) law in Florida, becoming the first US state to forbid its use. His statement on March 20 indicated that he saw the Centralized Bank Digital Currency as an attempt by the Biden administration to infuse surveillance and control.
He stated the following regarding CBDCs in his 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 threatening personal economic freedom and security.”
His opposing statements regarding CBDCs align with the crypto community’s goals. Previously, on March 2022, he showed his support for businesses paying their tax bills via cryptocurrency.
Further, going back to May 2021, DeSantis signed laws explaining virtual currencies in state decree. He also allowed Florida citizens to undertake crypto trading without requiring a license. Additionally, he added blockchain funding for state agencies in his 2022 budget proposal.
DeSantis first needs to pass Trump for the Republican nomination before running for the actual presidency. After defeating Donald Trump, he’ll have to fight against President Joe Biden in the general elections.
Although DeSantis has significant popularity, he still has to do a lot of work to trump Trump and millions of his die-hard fans. He’ll also have to face several of Trump’s old colleagues in the race.
DeSantis will have to go out of his way to beat the former US President for nominations. According to a poll by FiveThirtyEight, DeSantis stands at 20%, Trump over 50%, while other candidates are at single digits. So, a lot needs to be done for the pro-Crypto candidate to win the battle.
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