In a recent interview, Robert F. Kennedy Jr. criticized the securities regulator for its bias towards cryptocurrencies. He promised that if elected to the presidency, he would nominate crypto-friendly staff to the SEC. According to the politician, the actions of the department are unclear, and it does not even seek to clarify the rules for regulating the crypto industry.
“I don’t need people in the SEC who oppose crypto assets. The department should have people from the crypto community, in extreme cases, they should have a neutral position towards digital assets. Now the function of the SEC is not to protect the American people, but to protect the banks, especially the interests of the Central Bank,” Kennedy Jr. said.
The politician is considered a strong supporter of bitcoin as he accepts the first cryptocurrency to promote his political campaign. Kennedy considers bitcoin to be the ideal base currency – in addition to a limited supply of 21 million coins, it has value for people, as it gives them a chance to improve their financial situation, despite the crisis.
“One of the main advantages of bitcoin is that it can be trusted. There is not a single person who could manipulate him. Everything is decided by miners, democratically, with algorithms that cannot be manipulated,” Kennedy said.
Recall that in April, Kennedy also spoke out in support of bitcoin, saying that he could save people from financial collapse. In addition, Kennedy does not approve of the introduction of the digital dollar, believing that it will allow the US authorities to abuse their powers.
Source: Bits
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