The party, which vowed to oppose a CBDC and defend Bitcoin mining, is scheduled to meet on July 15-18 and select a nominee for U.S. President.
The Republican National Committee (RNC) in the United States has passed a draft of a policy platform that includes advocating for cryptocurrencies and Bitcoin (BTC) mining.
According to a July 8 update to Republican frontrunner Donald Trump’s campaign website, the RNC draft included a shift in the official party’s policy, naming crypto as one of the ways Republicans intend to “champion innovation” in the U.S. economy. The platform claimed that Democrats had engaged in an “unlawful” crackdown on crypto and vowed to “oppose the creation of a Central Bank Digital Currency,” or CBDC.
“We will defend the right to mine Bitcoin, and ensure every American has the right to self-custody of their Digital Assets, and transact free from Government Surveillance and Control,” said the updated platform.