US Presidential Candidate Robert Kennedy Bought 14 BTC for His Children
Robert Francis Kennedy Jr., a current US presidential candidate, purchased in May 14 Bitcoin for his children as an investment.
During The Wolf Of All Streets podcast, the politician stated he wanted to show his commitment to the cryptocurrency, having been previously criticized by the media for not owning any.
Kennedy referred to Bitcoin as the “currency of freedom” during the podcast and called it an alternative to the traditional financial system, while also criticizing US regulators for the “war on cryptocurrencies” that caused a banking crisis.
He has also promised to make decisions in his favour of Bitcoin and freedom of transaction if elected, in addition to stabilizing the US Dollar with the cryptocurrency and exempting income derived from Bitcoin trading from taxation.
One of his competitors, Republican Governor Ron DeSantis has made a similar promise. Coinbase CEO Brian Armstrong called the upcoming US elections a substantial moment for regulating the digital asset.
