Florida Gov. Ron DeSantis cancelled a marketing campaign occasion wherein he was reportedly planning to announce the acceptance of cryptocurrency contributions towards his 2024 presidential run.
Based on an Aug. 29 report from the Miami Herald, DeSantis cancelled a cocktail-hour fundraiser for his 2024 presidential marketing campaign wherein he was anticipated to begin accepting donations in crypto. The cancellation was as a result of strategy of Hurricane Idalia — a storm which hit Florida’s shoreline on Aug. 30 earlier than transferring into Georgia.
DeSantis appeared to abstain from marketing campaign occasions upfront of the hurricane passing by means of Florida. He took to social media channels and press conferences to tell residents about evacuation orders and different related info:
In a single day, #Idalia strengthened and now has sustained hurricane-force winds.
It’s nonetheless anticipated to make landfall at Florida’s Massive Bend as a significant hurricane tomorrow. In case you are within the path of this storm, now’s the time to finalize your preparations. Proceed to comply with @FLSERT… pic.twitter.com/3yCSHtIJIK
— Ron DeSantis (@GovRonDeSantis) August 29, 2023
Since saying his marketing campaign to search the Republican Celebration nomination for U.S. President in Could, DeSantis has taken sure positions related to digital asset customers. In July, he vowed to ban central financial institution digital currencies, or CBDCs, ought to he win the presidency.
Based on DeSantis’ marketing campaign web site, it was solely accepting fiat donations utilizing a bank card. Cointelegraph reached out to the marketing campaign for remark, however didn’t obtain a response on the time of publication.
DeSantis, who’s trailing by double digits to former President Donald Trump in line with a number of polls, can be one in all solely a handful of candidates to just accept donations in cryptocurrencies like Bitcoin (BTC) or Ether (ETH). Miami Mayor Francis Suarez introduced he can be accepting crypto marketing campaign contributions in August, however dropped out of the race after failing to qualify for the primary Republican Celebration debate.
Campaigns for Republican candidate Vivek Ramaswamy and longshot Democratic candidate Robert F. Kennedy Jr. have each introduced they are going to settle for BTC contributions for his or her respective presidential runs. Many studies confirmed each Ramaswamy and Kennedy polling within the single digits as of Aug. 30 — far behind these of their respective occasion leaders, Trump and President Joe Biden.
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Traditionally, crypto contributions to people operating for federal workplace, when accepted, haven’t been make-or-break for the candidates. Andrew Yang’s political motion committee accepted BTC donations for his 2020 marketing campaign, however he ended up dropping out of the race in February 2020.
Lawmakers in sure U.S. states have aimed to manage disclosure guidelines for digital asset contributions or in any other case set up a restrict to the quantity anyone particular person may give in crypto. In December 2022, the U.S. Federal Election Fee issued an advisory suggesting corporations may present nonfungible tokens to marketing campaign contributors.
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