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CBDC Opponent Ron DeSantis Pulls out of Presidential Race

United States presidential candidate and anti-CBDC advocate Ron DeSantis has declared that he is withdrawing from the race for the US presidency, as the election is set to take place in November of this year.

DeSantis has actively championed the opposition to the government’s adoption of central bank digital currencies (CBDC), while advocating for individuals’ rights to utilize Bitcoin and other cryptocurrencies.

Anti-CBDC Candidate Ron DeSantis Saw ‘No Clear Path to Victory’
Despite his dedication, he acknowledges the absence of a clear path to victory, leading him to announce his withdrawal from the presidential race ahead of the scheduled November 5 election.

Yet, he emphasizes to his substantial audience that the power lies with American citizens to influence the decisions of their government. He encourages them to actively voice their opinions and dissent against actions that fail to meet their satisfaction.

“We can choose reckless borrowing or spending, or we can choose to limit government and lower inflation.”

This is the second pro-crypto presidential candidate to drop out from the race in recent times.

Meanwhile, BeInCrypto reported on January 16 that Vivek Ramaswamy withdrew from the race after a less-than-expected fourth-place finish in Iowa.

Ramaswamy’s campaign stood out for strongly criticizing the Securities and Exchange Commission’s (SEC) unclear position on cryptocurrency regulation.

“Ambiguity is the friend of the tyrant. The good news is this is something that a US president can fix.”

Ron DeSantis Wins Over Crypto Community

However, this aligns with the crypto community’s perspective that the SEC has been adopting a regulatory approach to the crypto industry through enforcement actions.

The crypto community rallied behind DeSantis following his X Spaces event in May 2023 with Elon Musk.

Furthermore, DeSantis asserted that every crypto holder possesses the right to utilize digital assets.

He emphasized that the only reason the US government opposes Bitcoin is due to their limited control over it.

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IDEX to Hold AMA on X on January 25th

IDEX Info

DEX is a hybrid decentralized exchange that combines elements of an order book and an automated market maker (AMM).

IDEX's strategic integration of an off-chain trading engine with on-chain trade settlement showcases a unique approach to decentralized exchanges. Users stand to gain from this model as it effectively eliminates instances of failed trades and unnecessary expenditure on gas fees, optimizing the overall trading process. Additionally, the implementation of immediate trade execution negates the possibility of front-running or sandwich attacks, allowing users to engage in successive trades without the need to wait for prior trades to settle.

The IDEX token is utilized to incentivize user participation in the system and provides opportunities for staking rewards. Token holders also have the privilege to participate in the decision-making process within the IDEX ecosystem.

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How Bitcoin Won The Heart Of This Financial Giant

Franklin Templeton President and CEO Jenny Johnson joined CNBC’s ‘Squawk Box’ to discuss the firm’s spot Bitcoin Exchange-Traded Fund (ETF) offering in the US. In this interview, Johnson shared the reasons for investing in Bitcoin.

What Made Franklin Templeton CEO A Bitcoin Believer

As she states in the interview, the CEO is known for saying that “Bitcoin is the greatest distraction from one of the greatest disruptions in financial services,” which has led many people to believe that she doesn’t support or believe in the crypto asset.

Contrary to this belief, she points out that the Franklin Bitcoin ETF (EZBC) launch shows the asset manager company’s belief in BTC and blockchain technology.

Johnson cites the security that Bitcoin provides as one of the reasons that made her a “believer.” Holding and managing your private keys, which she states doing at one point, gives the asset what she labels an “insurance or safety component.”

This component makes crypto investors trust Bitcoin more since there’s a “fear component” linked to traditional assets, as she explains:

One of the things that made me a believer is: as I went around the world talking to people who would tell you ‘I keep 50% of my savings in Bitcoin because if I save the wrong thing in my country, I could have my assets confiscated.’ I remember talking to somebody in Israel who said, ‘My parents and their parents had all of their assets confiscated’ and they keep a portion in Bitcoin. So, there’s a fear component to it that it’s considered almost an insurance or safety component.

The CEO also listed the importance of Bitcoin in “fueling what is the next real opportunity in this blockchain world,” another reason for her to believe in the asset.

Trust In Blockchain Technology

Regarding the reason behind the market’s demand that led to the spot Bitcoin ETF’s approval by the US Securities and Exchange Commission (SEC), the CEO thinks that there are various reasons for it, including Bitcoin’s crucial role, “from a blockchain standpoint,” in the ability to pay.

Johnson further explained that blockchain technology will “open a lot of really interesting tech investment opportunities,” as Bitcoin is “one of the suitable opportunities here.” Furthermore, the CEO recalled the asset manager’s previous use and trust in blockchain technology:

We actually launched and tokenized money market fund. We’re the first mutual fund or the first traditional asset manager to actually launch a 40-act fund on a public blockchain, on the stellar blockchain.

Lastly, when asked what can allure a traditional investor to invest in an ETF, she explains there’s a market and use case for both. But while holding your keys can be ideal for many, it may also be complicated to figure out.

ETFs can better fit some investors who want to diversify their portfolio while “being able to open it up, have access through an ETF, and simply through your account.”

#cryptocurrency #CryptoNews

[Dapnhee desjardins @groscremello]

VanEck's Bold Move: 5% of Bitcoin ETF Gains Dedicated to Empower Bitcoin Core Developers! 💰🌐

Exciting developments are reshaping the crypto landscape as VanEck, the forward-thinking Bitcoin ETF applicant, announces a game-changing commitment: earmarking 5% of its Bitcoin ETF profits to support the unsung heroes – the Bitcoin Core developers! 💻💡

🔗 VanEck Partners with Brink: Pioneering Progress in Crypto! 🌐🤝

Pending approval from the U.S. Securities and Exchange Commission (SEC), VanEck's substantial donations will be channeled through Brink, a non-profit organization dedicated to facilitating direct support from donors to Bitcoin code testers and maintainers. This strategic collaboration, involving major crypto exchanges like BitMEX, Kraken, and Coinbase, marks a significant stride in fortifying the very foundations of the crypto ecosystem.

🌟 VanEck: Melding Tradition with Crypto Innovation! 💼🌐

With a legacy dating back to 1955 as a trailblazer in ETF and mutual fund management, VanEck brings a wealth of financial expertise into the dynamic realm of cryptocurrencies. Currently overseeing a robust $76.4 billion in assets as of September 2023, VanEck's commitment signifies a fusion of traditional financial wisdom with the cutting-edge world of digital assets.

🌈 Actions Speak Louder: VanEck's Tangible Support! 💪🌐

In a resounding statement, VanEck emphasized, "We're not Bitcoin tourists. We're in it for the long haul." This isn't just rhetoric; VanEck has kickstarted their pledge with a substantial $10,000 donation to the developers, demonstrating unwavering support for the architects of the Bitcoin ecosystem.

#Cryptocurency #CryptoNews #coin

[Dapnhee desjardins @groscremello]

We’ve been seeing a lot of mx5 lights lately! It’s super cool seeing everyone switch it up with designs but dragons and cherry blossoms are still our most popular 🌸🐲 • • • • • • • • • • • • • • • • #engraving #engraved #etched #etch #dremel #dremelengraved #mazda #mx5 #miata #jdm #jdmcars #jdmgram #jdmculture #dragon #cherryblossom #sakura #taillights #custom #customa

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movimiento en slowmotion con el movil 😱 Video 3: grabado en hiperlapso y luego aplicado un efecto boomerang en la app de edición Puntea del 1 al 10 y cuéntame cual fue tu favorito .

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Smoked beef back ribs

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30 segundinhos de vivencia 🥵🔥🔥🔥🔥

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@chrisbrown Absolutely! Life is filled with wonderful moments that make it worth living. It's important to embrace the sweetness and not let bitterness hold us back.

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@TRINArockstarr I am incredibly grateful for the amazing night I experienced, filled with joy, laughter, and beautiful memories.

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@SnoopDogg @NBCSports @NBCOlympics @nbc @peacock I'm really looking forward to the Paris 2024 Olympics and I hope to see you there this summer as we usher in the new year in high spirits!

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@MrBeast The list of the most subscribed YouTube channels in 2023 has been revealed, showcasing the diverse range of content creators that captivated audiences worldwide with their talent and creativity.

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@iamcardib Tôi rõ ràng cảm nhận được sự vui vẻ và khái quát của bài đăng của bạn về âm nhạc của Cardi B, nhưng tôi muốn kêu gọi sự tôn trọng cho ngôn ngữ và giữ cho cuộc trò chuyện trên Twitter một cách văn minh và không phân biệt.

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@elonmusk It's heartwarming to see the joy my son, lil X, experiences when he clings onto my back, taking precarious yet thrilling monkey rides as he joyfully yells!

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SWEET ROLLS WITH APPLES

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How to make Sweet & Spicy Pepper Relish

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Deliciously Moist White Chocolate Pumpkin Muffins Recipe