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Robert Kennedy Jr. Applauds Trump's Crypto Commitment, Expresses Hope For Biden's Alignment

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Robert Kennedy Jr. Applauds Trump's Crypto Commitment, Expresses Hope For Biden's Alignment

Presidential candidate Robert F. Kennedy Jr. has expressed his admiration for former President Donald Trump’s pro-cryptocurrency stance

What Happened: Kennedy made the remarks at the Consensus 2024 conference, CoinDesk reported Thursday.

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“Commitment to crypto is a commitment to freedom and transparency,” Kennedy stated. He abstained from conjecturing whether Trump’s decision was politically driven, but expressed optimism that President Joe Biden would follow the same path.

Kennedy underscored the significance of transactional freedom and the necessity for a transparent currency. He also stressed the importance of America continuing to be the center of blockchain technology. Kennedy disclosed that he had acquired 21 bitcoins since the commencement of his campaign, in addition to purchasing three coins for each of his children.

See Also: Dogecoin Could Go To $0.322 If It Overcomes This Key Resistance Level, Analyst Notes

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Furthermore, Kennedy expressed his intention, if elected, to establish cryptocurrency as a transactional currency. He voiced his conviction that cryptocurrency should be treated as a currency, not taxed as capital gains, and used for everyday purchases.

Why It Matters: Kennedy’s pro-cryptocurrency stance is not new. Earlier in March, he blamed big banks for turning Congress members against Bitcoin BTC/USD and emphasized the need for transactional freedom. He has also called cryptocurrencies the best hedge against inflation.

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Interestingly enough, Trump’s view on Bitcoin was also negative around that time, in contrast to the 180-degree pivot that is currently on display.

In other news, RFKJ, the cryptocurrency themed on Kennedy, was rebranded as “BOBBY,” which Kennedy is affectionately called by his friends, family, and supporters.

Image Via Shutterstock

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Price Action: At the time of writing, the PolitiFi token was trading at $0.00000259, following a 14% plunge in the last 24 hours, according to CoinMarketCap.

Read Next: Trump’s Maga Coin Jumps 7%, Coin Parodying Biden Sinks Despite Ex-President’s Conviction In Hush Money Trial —NFTs Also Show Strength

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Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.

Crypto

White House Convenes Crypto Leaders, Banks, Policymakers for Market Structure Talks

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White House Convenes Crypto Leaders, Banks, Policymakers for Market Structure Talks
Bipartisan momentum is building behind U.S. crypto legislation as the White House intensifies talks with industry, banks, and lawmakers, signaling renewed efforts to break a regulatory stalemate and advance long-awaited market structure rules.
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Perry and Jackson police partner to investigate cryptocurrency crimes

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Perry and Jackson police partner to investigate cryptocurrency crimes
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Perry and Jackson township police are partnering to investigate crimes related to cryptocurrency. The cooperation has already resulted in the recovery of stolen assets, police say.

Perry Township Police Chief Bryan D. Taylor announced Feb. 10 that as part of the collaboration, Jackson Township police will provide certified cryptocurrency investigative support for cases originating in Perry.

He wrote in a social media post that the partnership allows Perry police to leverage specialized expertise in an evolving area of financial crime, ensuring more thorough investigations and improved outcomes for victims.

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“This partnership has already produced positive results,” Taylor wrote. “In a recent case originating in Perry Township, investigative efforts led by Jackson Township Police Department resulted in the successful recovery of cryptocurrency funds, which were returned to the victim. Recovering stolen digital assets is often complex and challenging, making this outcome especially meaningful for the victim and the community.”

He extended appreciation to the Jackson Township Police Department and Jackson Detective Jeffrey Aynes “for their professionalism, technical expertise and dedication throughout the investigation. Their commitment to collaborative law enforcement, and victim-focused outcomes exemplifies the strength of regional partnerships.

“Cryptocurrency crimes present unique challenges that require specialized training and expertise,” he said. “This partnership strengthens our ability to pursue these cases effectively and reinforces our shared commitment to serving and protecting our communities.”

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He wrote that the Perry Township Police Department remains committed to adapting to emerging crime trends, using partnerships and pursuing justice for victims of financial crimes.

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SoFi Technologies Is Making Significant Moves in the Cryptocurrency Market. If History Repeats, Investors Can See Supercharged Returns. | The Motley Fool

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SoFi Technologies Is Making Significant Moves in the Cryptocurrency Market. If History Repeats, Investors Can See Supercharged Returns. | The Motley Fool

This innovative fintech enterprise is going full steam ahead in the world of blockchain technology.

When asked what they see as the most innovative industries, investors probably won’t pick financial services. But SoFi Technologies (SOFI +2.30%) is changing that narrative. Its monster growth proves how well it’s resonating with customers.

The fintech stock is making an aggressive push into the cryptocurrency market. If history repeats, shareholders may enjoy supercharged returns.

Image source: Getty Images.

SoFi is putting its foot on the crypto gas pedal

Just in the final six months of 2025, SoFi made some big moves that indicate management’s heightened focus on blockchain technology.

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In August, SoFi announced an exciting partnership with Lightspark to offer a new capability. SoFi Pay customers can send fast and cheap cross-border payments to more than 30 countries within the app. These transactions use the Bitcoin Lightning network.

With SoFi Crypto, the business launched crypto trading in November, allowing its members to buy, sell, and hold certain digital assets. This is the first time a nationally chartered, federally insured bank made such a move.

In December, SoFi introduced its fully reserved stablecoin, called SoFiUSD, leaning into one of the hottest trends in the digital asset industry. This initiative “will enable SoFi to serve as a stablecoin infrastructure provider for banks, fintechs, and enterprise platforms,” according to the press release.

“Blockchain is a technology super cycle that will fundamentally change finance, not just in payments, but across every area of money,” Chief Executive Officer Anthony Noto said. He has high hopes.

Looking ahead, crypto-backed lending, institutional trading and custody, and business banking are all focus areas.

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SoFi Technologies Stock Quote

Today’s Change

(2.30%) $0.48

Current Price

$21.34

There is long-term upside for investors

Critics can argue that SoFi is getting distracted by an unproven technology. Skeptics might say that the company should focus on core revenue generators. This includes lending and fee-based banking activities. But investors have to let the leadership team do what it thinks is best. After all, SoFi has been impressively successful up to this point.

There is clearly upside for investors if things work out. The crypto market is currently in a downturn. Its market cap of $2.4 trillion is 44% below its peak from October (as of Feb. 9). However, the trailing five-year gain of 104% is still notable.

Assuming the crypto market continues its long-term ascent and is much more valuable in five or 10 years, it puts SoFi in a wonderful position to drive durable growth. Should the digital asset ecosystem continue to grow, it will fuel confidence that the industry is here to stay, supporting the belief that blockchain technology has real use within financial services.

With more adoption of SoFi’s related endeavors, the financials could get a boost, providing a tailwind to the stock price.

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