Hurricane Idalia delays Ron DeSantis' reported plans to accept crypto campaign donations

1 year ago

The tempest deed Florida archetypal successful the continental U.S., which whitethorn person stopped Ron DeSantis from joining Vivek Ramaswamy successful accepting crypto donations for his statesmanlike campaign.

Hurricane Idalia delays Ron DeSantis' reported plans to judge  crypto run  donations

Florida Gov. Ron DeSantis cancelled a run lawsuit successful which helium was reportedly readying to denote the acceptance of cryptocurrency contributions toward his 2024 statesmanlike run. 

According to an Aug. 29 study from the Miami Herald, DeSantis cancelled a cocktail-hour fundraiser for his 2024 statesmanlike run successful which helium was expected to commencement accepting donations successful crypto. The cancellation was owed to the attack of Hurricane Idalia — a tempest which deed Florida’s coastline connected Aug. 30 earlier moving into Georgia.

DeSantis appeared to abstain from run events successful beforehand of the hurricane passing done Florida. He took to societal media channels and property conferences to pass residents astir evacuation orders and different applicable information:

Overnight, #Idalia strengthened and present has sustained hurricane-force winds.

It is inactive expected to marque landfall astatine Florida’s Big Bend arsenic a large hurricane tomorrow. If you are successful the way of this storm, present is the clip to finalize your preparations. Continue to travel @FLSERTpic.twitter.com/3yCSHtIJIK

— Ron DeSantis (@GovRonDeSantis) August 29, 2023

Since announcing his run to seek the Republican Party nomination for U.S. President successful May, DeSantis has taken definite positions applicable to integer plus users. In July, helium vowed to prohibition cardinal slope integer currencies, oregon CBDCs, should helium triumph the presidency.

According to DeSantis' run website, it was lone accepting fiat donations utilizing a recognition card. Cointelegraph reached retired to the run for comment, but did not person a effect astatine the clip of publication.

DeSantis, who is trailing by treble digits to erstwhile President Donald Trump according to respective polls, would beryllium 1 of lone a fistful of candidates to judge donations successful cryptocurrencies similar Bitcoin (BTC) oregon Ether (ETH). Miami Mayor Francis Suarez announced helium would beryllium accepting crypto run contributions successful August, but dropped retired of the race aft failing to suffice for the archetypal Republican Party debate.

Campaigns for Republican campaigner Vivek Ramaswamy and longshot Democratic campaigner Robert F. Kennedy Jr. person some announced they volition judge BTC contributions for their respective statesmanlike runs. Many reports showed some Ramaswamy and Kennedy polling successful the azygous digits arsenic of Aug. 30 — acold down those of their respective enactment leaders, Trump and President Joe Biden.

Related: State caps oregon national regulation: What's adjacent for governmental crypto donations

Historically, crypto contributions to individuals moving for national office, erstwhile accepted, person not been make-or-break for the candidates. Andrew Yang’s governmental enactment committee accepted BTC donations for his 2020 campaign, but helium ended up dropping retired of the contention successful February 2020.

Lawmakers successful definite U.S. states person aimed to modulate disclosure rules for integer plus contributions oregon different establish a limit to the magnitude immoderate 1 idiosyncratic tin springiness successful crypto. In December 2022, the U.S. Federal Election Commission issued an advisory suggesting companies could supply nonfungible tokens to run contributors.

Magazine: How to support your crypto successful a volatile market: Bitcoin OGs and experts measurement in

View source