The Republican National Committee (RNC) in the United States has approved a policy platform that supports cryptocurrencies and Bitcoin (BTC) mining. The draft, as per a July 8 update on Donald Trump's campaign website, highlights a shift in the party's stance, emphasizing crypto as a means to promote innovation in the U.S. economy. The platform criticizes Democrats for their crackdown on crypto and pledges to oppose the development of a Central Bank Digital Currency (CBDC). It also vows to protect Bitcoin mining rights and individuals' self-custody of digital assets, free from government surveillance. The RNC's move precedes the national convention, where Trump is expected to secure the presidential nomination. The party's pivot towards cryptocurrencies aligns with Trump's evolving views on digital assets, possibly influenced by his daughter Lara, who co-chairs the RNC. Despite Trump's past skepticism, his campaign now accepts crypto donations and advocates for domestic Bitcoin mining. The Democratic National Committee is also gearing up for the 2024 election, with potential implications for the crypto landscape. Read more AI-generated news on: https://app.chaingpt.org/news