Republican National Committee advances crypto, AI policies in draft platform
A Republican National Committee panel has approved a draft platform outlining policies on cryptocurrency and artificial intelligence (AI). The platform, which received 84 votes in favor and 14 against, aims to end what it calls the Democrats' "unlawful and un-American Crypto crackdown" and prevent the creation of a central bank digital currency. It also seeks to protect Bitcoin mining rights, the right to self-custody crypto, and the right to perform transactions without government control. The party plans to repeal President Joe Biden's executive order on AI, which it claims restricts AI innovation. The platform supports AI development "rooted in Free Speech and Human Flourishing". The stance aligns with that of presumptive presidential nominee Donald Trump, who has expressed opposition to central bank digital currencies and intends for the US to dominate Bitcoin mining.
