Today, members of the Republican National Committee approved a draft 2024 party platform that strongly supports Bitcoin.
“We will protect the right to mine Bitcoin and ensure that all Americans have the right to self-custody and trade their digital assets free from government oversight or control,” the draft states on page 9.
Latest Update: 🇺🇸 Republican National Committee passes draft party platform, "Protecting mining rights #Bitcoin" Maintain self-custody. pic.twitter.com/CnH8nMOuUO
— Bitcoin Magazine (@BitcoinMagazine) July 8, 2024
Additionally, he promises to end the Democrats’ “illegal and un-American crackdown on cryptocurrency” and opposes the creation of a central bank digital currency (CBDC). The HillThe platform committee overwhelmingly approved the new draft, with a final vote expected on Tuesday.
The decision further signals the Republican Party’s clear stance in support of Bitcoin and cryptocurrency innovation, taking a counterbalance to the current unwelcoming stance of the Biden Administration and the Democratic Party.
The draft reflects growing interest and support for protecting and supporting Bitcoin within the Republican Party and is consistent with a growing trend of Bitcoin adoption and support among Republican politicians. Said He will “ensure that the future of cryptocurrency and Bitcoin is made in the United States.”
The full text of the approved draft can be found here:
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