Not Just Robert Kennedy Jr: US Presidential Candidate Francis Suarez Enables Crypto Campaign Contributions
Robert Kennedy Jr. is no longer the only US presidential hopeful who’s welcoming crypto contributions to his campaign.
Francis Suarez, the sitting mayor of Miami and a Republican presidential candidate, announced on Friday that he’s accepting crypto donations.
The Suarez campaign website says it’s processing contributions via the crypto payments provider BitPay, which supports Bitcoin (BTC), Bitcoin Cash (BCH), Dogecoin (DOGE), Ethereum (ETH), Litecoin (LTC), Wrapped Bitcoin (WBTC), Polygon (MATIC), Apecoin (APE), as well as the US dollar-pegged stablecoins Dai (DAI), Gemini Dollar (GUSD), Pax Dollar (USDP) and USD Coin (USDC), and the euro-pegged stablecoin Euro Coin (EUROC).
Says Suarez of the choice to accept crypto,
“Cryptocurrency is the future and it’s here to stay – America’s next president must lean into this generational opportunity, not shy away.”
The politician has been known for his pro-crypto positions as the mayor of Miami. The South Florida city launched its own decentralized altcoin, MiamiCoin (MIA), in August 2021, and Suarez started accepting Bitcoin paychecks later that year.
MIA is down more than 99.5% from its all-time high of $0.0552, which it set in September 2021, according to CoinGecko.
Kennedy announced he was accepting BTC donations while delivering a speech at the Bitcoin 2023 Conference in Miami in May. The environmental lawyer is challenging incumbent President Joe Biden for the Democratic nomination.
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Author: Conor Devitt