Presidential Candidate Robert F. Kennedy Jr. Advocates for Non-Taxation of Cryptocurrency as Currency
CryptoNewsTerminal Staff31 May, 2024
Presidential Candidate Robert F. Kennedy Jr. Advocates for Non-Taxation of Cryptocurrency as Currency
Robert F. Kennedy Jr., an independent candidate for president and a member of the prominent Kennedy political dynasty, recently announced his stance on cryptocurrency at the Consensus conference. He declared that if elected, he would classify and treat cryptocurrency as currency, exempting it from taxation. Kennedy's personal investment in cryptocurrency includes 21 BTC and 3 BTC distributed among his children. Kennedy's support for cryptocurrency extends beyond its financial implications; he views it as a symbol of freedom and transparency. He emphasized the importance of the U.S. maintaining its position as a hub for blockchain technology. Notably, Kennedy had previously disclosed his purchase of BTC and plans to acquire ETH.
