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Republican Platform Vows to End Crypto Crackdown, Oppose Digital Dollar

The GOP's 2024 election manifesto supports cryptocurrency innovation and rejects central bank digital currencies.

Overview

  • The GOP's platform includes a pledge to end what it calls the 'unlawful and un-American' crackdown on cryptocurrency.
  • Republicans oppose the creation of a Central Bank Digital Currency and support the right to self-custody digital assets.
  • Donald Trump, now a strong advocate for cryptocurrency, has incorporated crypto donations into his campaign.
  • The platform reflects a broader GOP interest in digital assets and innovation in the economy.
  • Critics argue that the proposed central bank digital currency would lead to increased financial surveillance.