Published on 2 May 2023 on Decrypt Media via Yahoo Finance
Robert F. Kennedy Jr. Wades Further Into Crypto Following Anti-CBDC Remarks
Democratic presidential candidate Robert F. Kennedy Jr. came out swinging on behalf of the digital assets industry on Tuesday, criticizing what he called a “war on crypto” following earlier remarks he made opposing a U.S. central bank digital currency, or CBDC.
Kennedy, who officially announced his 2024 presidential bid last month, said that the Federal Deposit Insurance Corporation (FDIC) and the Securities and Exchange Commission (SEC) have “no authority to wage an extra-legal war on crypto that leaves major banks as collateral damage.”