Cryptocurrencies

US Presidential Hopefuls Rally Against a Digital Dollar Ahead of 2024 Elections

DeSantis, Ramaswamy among those sending that message
Move reflects desire to galvanize base ahead of 2024 election

Bitcoin Change Bureaus as Currency Dips From Two-Week Peak — Photographer: Kobi Wolf/Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Allyson Versprille, Daniel Zuidijk, Ryan Teague Beckwith, and Mark Niquette

April 22, 2023 at 2:00 PM UTC

This article is for subscribers only.

Sign up for our new Crypto newsletter and follow @crypto Twitter for the latest news.

The conversation around the role of central banks in the economy has taken on a new dimension among US presidential hopefuls like Ron DeSantis and Vivek Ramaswamy. These politicians want to make it clear they would not support any proposals for a central bank-backed digital US dollar as they make an early push to drum up momentum for their campaigns.