Libertarian VP nominee: No new regulatory structure needed for crypto

Mike ter Maat spoke with Cointelegraph on the role digital assets might play in the 2024 U.S. presidential elections, the Fed looking into CBDCs, and Donald Trump’s conviction.

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Libertarian Party vice presidential nominee Mike ter Maat said digital asset policy could “play a minor role” among political parties in the 2024 United States elections.

On May 26, Libertarian delegates nominated Chase Oliver and ter Maat as U.S. president and vice president, introducing the country to the ticket for the third-largest political party behind Democrats and Republicans. Many of the party’s values sometimes align with those of cryptocurrency holders, such as limiting regulations except for protecting certain freedoms and espousing free-market approaches to the economy.

Speaking to Cointelegraph after his nomination, ter Maat said he expected inflation and foreign policy issues would likely weigh more on voters’ minds in November. However, cryptocurrency could still play a role in the presidential election. Candidates from the Democratic and Republican parties seem to have increased their rhetoric around digital assets in the last month as Congress considers crypto bills, regulators crack down on companies, and the U.S. Justice Department continues criminal cases against high-profile figures in the space.

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