Miami Mayor Francis Suarez Suspends Presidential Campaign, Pledges Support for Republican Nominee
Summary:
Miami Mayor Francis Suarez suspends his campaign for the 2024 presidential election, stating his support for a strong Republican nominee. Suarez, known for his cryptocurrency-friendly stance, did not qualify for the initial party debate. The election outcome could impact digital asset legislation.
Miami Mayor Francis Suarez, who gained recognition for his cryptocurrency-friendly stance, has announced the suspension of his campaign for the 2024 presidential election in the United States. In a statement on August 29, Suarez expressed gratitude for the opportunity to run for president and indicated his support for a strong Republican nominee. Despite his earlier intention to seek the Republican nomination, he did not qualify for the initial party debate held on August 23. Suarez, known for accepting Bitcoin as part of his salary and endorsing the MiamiCoin project, was among the few candidates openly embracing cryptocurrencies in the race. Florida Governor Ron DeSantis, trailing behind former President Donald Trump in polls, is currently considered a frontrunner for the Republican nomination. The outcome of the 2024 election could have significant implications for digital asset legislation, as the balance of power in the Senate and the House of Representatives may shift.
Published At
8/29/2023 8:30:00 PM
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