The information additionally comes at a time when cryptocurrencies are more and more a part of the political agenda within the U.S. as candidates are gearing up for the presidential election due in 2024. Democratic hopeful Robert F. Kennedy Jr., who confirmed proudly owning bitcoin (BTC), stated he would again the U.S. greenback with BTC and exempt the token from capital positive aspects taxes if elected. Robert DeSantis, Florida governor and a Republican candidate trailing Trump in early polls, promised to ban central financial institution digital currencies (CBDCs) as president.