One much less crypto-friendly candidate — Miami mayor ends US presidential run

One much less crypto-friendly candidate — Miami mayor ends US presidential run

by Jeremy

Miami Mayor Francis Suarez, one of many few cryptocurrency-friendly candidates operating for president of america in 2024, has introduced he can be suspending his marketing campaign.

In an Aug. 29 announcement on X (previously Twitter), Suarez stated that whereas operating for U.S. president had been “one of many biggest honors of [his] life,” he made the choice to finish his marketing campaign and urged he would help “a powerful nominee” from the Republican Get together. The Miami mayor introduced in June he supposed to hunt the Republican nomination for U.S. president within the 2024 election, however he didn’t qualify for the primary celebration debate on Aug. 23.

As mayor of Miami, Suarez made headlines in 2021 after asserting he would settle for a few of his paychecks in Bitcoin (BTC) and supporting the MiamiCoin (MIA) token mission. Together with longshot Democratic hopeful Robert F. Kennedy Jr., the Miami mayor was one of many few brazenly crypto-friendly candidates operating in 2024.

Associated: Robert Kennedy Jr. reveals shopping for 2 Bitcoin for every of his 7 kids

In response to many latest polls, Florida Gov. Ron DeSantis trails behind former President Donald Trump for the Republican nomination for president. Trump didn’t attend the primary celebration debate and faces each state and federal legal fees associated to his alleged function in trying to overturn the outcomes of the 2020 presidential election, which he misplaced to present U.S. President Joe Biden.

The 2024 elections within the U.S. may change the best way the federal government handles digital asset laws. Democrats at present maintain a slim majority within the Senate, however 34 seats out of 100 can be up for grabs within the subsequent election. Members of the Republican Get together have a majority of seats within the Home of Representatives, however the destiny of all 435 can be determined in November 2024.

Journal: Opinion: GOP crypto maxis nearly as unhealthy as Dems’ ‘anti-crypto military’