Crypto Advocate RFK Jr. Joins Trump Transition Team Amid Campaign Suspension
Republican nominee Donald J. Trump has enlisted Robert F. Kennedy Jr., a prominent supporter of cryptocurrencies, to join his presidential transition team, giving Kennedy a significant role in shaping potential policies of a Trump administration.
Kennedy, who previously opposed Trump politically, will co-chair the transition team for the Republican Party alongside Tulsi Gabbard, a former Democrat. Kennedy recently withdrew from the 2024 presidential election and threw his support behind Trump.
In an interview with Tucker Carlson, Kennedy revealed his involvement in the transition team, where he will assist in selecting individuals to lead the government. The move was confirmed by Trump’s senior advisor Brian Hughes in a statement reported by Reuters.
Kennedy’s decision to suspend his campaign and endorse Trump has sparked discussions among political analysts about its potential impact on the crypto industry.
Despite suspending his campaign, Kennedy has applied to appear on the ballot in Kentucky, as confirmed by Republican Secretary of State Michael Adams. He also remains on the ballot in Colorado, according to the Colorado Sun.
Kennedy has clarified that he has not completely abandoned his presidential aspirations, which some believe could influence Trump’s efforts to appeal to single-issue crypto voters in a competitive election.
Kennedy’s growing interest in Bitcoin and blockchain technology has been evident over the past year, with his participation in BTC mining events and speaking engagements at industry conferences. He previously pledged to sign an executive order directing the U.S. Treasury to accumulate a $4 million Bitcoin reserve, emphasizing the token’s potential in economic policy.
Regarding Bitcoin, Kennedy has referred to it as an “honest currency” and highlighted its role in offering an alternative to traditional financial systems. Despite his involvement in Trump’s transition team, Kennedy’s stance on cryptocurrencies remains aligned with his belief in the importance of digital assets.
Kennedy’s engagement with Bitcoin and blockchain technology underscores the increasing intersection between politics and the crypto industry, as influential figures like him recognize the significance of digital currencies in shaping future economic landscapes.
