The Republican National Committee approved a draft of the 2024 party platform supporting Bitcoin and opposing Democrats' crackdown on cryptocurrencies. Former President Trump and GOP are embracing the cryptocurrency industry. Donations have been made to Trump's campaign by industry leaders.
Key Points
RNC platform backs Bitcoin and vows to end Democrats' crackdown on cryptocurrencies
Former President Trump and GOP show support for the cryptocurrency industry
Donations made to Trump's campaign by cryptocurrency industry leaders
Pros
Support for innovation and cryptocurrency
Protection of individual rights regarding Bitcoin and digital assets
Cons
Opposition to Democrats' stance on cryptocurrencies