RFK Jr. Says He Owns 21 Bitcoins, Talks Deep Commitment To Crypto
Robert F. Kennedy Jr. (RFK Jr.) says he bought 21 bitcoins for his children after winning a $13 billion case against biotech giant Monsanto, the crypto-friendly U.S. presidential candidate told a crowd at Consensus 2024 in Austin, TX this week.
An established attorney and longstanding crypto advocate, RFK Jr. spearheaded the 2018 legal case against Monsanto and ultimately proved that their well-known weed-killing product, Roundup, causes cancer.
“I used my fees in that case to buy bitcoin for my kids,” RFK Jr. said while at Consensus 2o24. “So I got three bitcoins for each of my seven kids.”
RFK Jr: I bought 21 #Bitcoin with the proceeds from winning the case against Monsanto. 3 #Bitcoin for each of my
7 kids. pic.twitter.com/flsEYvpYr6
— Bitcoin News (@BitcoinNewsCom) May 31, 2024
Keeping the focus on his potential presidential policies, RFK Jr. claimed he had a “deep commitment” to backing cryptocurrencies, lauding El Salvador for becoming the first country in the world to valorize bitcoin as legal tender.
“I admire what El Salvador did,” he said. “I think we’re going to do it a little differently. We need to create a regulatory infrastructure that is designed for decentralized cryptocurrencies and bitcoin.”
Calling the recently House-approved Financial Innovation and Technology for the 21st Century Act (FIT21) “a really good start” to crypto regulations, the third-party candidate cited both Singapore and Switzerland’s regulatory models as potential frameworks for digital asset policy in the United States.
If approved, FIT21 would create comprehensive crypto regulation in the U.S. and allow greater freedoms to companies currently in the blockchain sector.
Meanwhile, countries like Singapore and Switzerland have prioritized
Read more on cryptonews.com
