• Ron DeSantis, Vivek Ramaswamy, and others had the most to share about crypto when it came to the presidential race of 2024. But, as of this past week, both have returned to their political seats.
  • Trump made a sudden noise last week about digital currencies issued by the U.S. Central Bank, but it remains a theoretical issue.

Florida Governor Ron DeSantis was not a crypto expert, but he used digital assets to help his state while he had his eye on the White House. The absence of his and Vivek Ramaswamy, a fellow candidate in the U.S. Presidential race this year, shows a sudden lack interest in crypto.

DeSantis, Ramaswamy, and Robert Kennedy Jr. were the two politicians most keen to bring virtual assets into the presidential discussion. DeSantis and Ramaswamy were the most eager politicians to make virtual assets part of the presidential conversation.

Trump, who was surprised by the enthusiasm of the crowd with his statement, said: “I will not allow the creation a central bank’s digital currency.” DeSantis warned him many times that the Federal Reserve’s digital dollar would give it “absolute power over your money.”

It’s possible this legacy digital assets issue could survive DeSantis and Ramaswamy’s departure, but Trump has not shown any special interest in the area and called Bitcoin ” a scam.” The debate over a U.S. CBDC is a one-sided affair in which Republicans portray President Joe Biden’s administration as promoting a government token that would spy on the citizens. However, there have been no indications of any such plans by the Fed or Department of the Treasury.

Both claim they are studying CBDCs to see if such a thing is even feasible in the U.S. This review has become more urgent because rival jurisdictions like China and Europe, have already implemented government tokens. Fed officials have said that they will not move forward with a digital currency without the White House or Congress’s orders – a result that is unlikely to happen in the near future.

DeSantis made this an important campaign issue. He boasted that his state banned tokens, a claim that overlooked much of the nuance in relation to the minor changes made by his government in Florida. And tech entrepreneur Ramaswamy, who suspended last week his campaign, denouncing any government efforts along those lines.

Trump’s main challenger in the Republican presidential nomination race of 2024 is Nikki Haley. She was a former South Carolina Governor and U.S. Ambassador to the United Nations. Haley avoided crypto-related topics during her presidential campaign. Haley is a good option for digital assets if something happens to Trump’s nomination bid.

Read more: A Crypto-President? The top contenders for the U.S. presidency in 2024 aren’t fans, and their rivals are way behind.

Nikhilesh De.