PANews reported on July 27 that according to The Block, US presidential candidate Robert F. Kennedy Jr. promised that if elected president, he would sign several Bitcoin-related executive orders on his first day in office. Kennedy said at the Bitcoin 2024 conference that he would instruct the U.S. Department of Justice and the U.S. Marshals Service to transfer approximately 200,000 bitcoins held by the U.S. government to the Treasury Department as a "strategic asset" reserve. He also plans to sign an executive order instructing the Treasury Department to purchase 550 bitcoins per day until the United States holds 4 million bitcoins in reserve. In addition, he plans to issue guidelines declaring all transactions between Bitcoin and the U.S. dollar to be non-reportable and tax-free transactions. Robert Kennedy Jr. said: "I do not represent the blue camp (Democratic Party), the red camp (Republican Party), or the purple camp (swing states), I am the orange camp (the representative color of Bitcoin)."
Currently, Kennedy is trailing Vice President Kamala Harris and former President Donald Trump in the polls. Harris leads Trump 42% to 38%, while Kennedy has the support of 8% of voters.
