RNC Panel Passes Draft Platform on Crypto and AI Policies
On July 8, a Republican National Committee (RNC) panel approved a draft platform addressing cryptocurrency and artificial intelligence (AI) policies.
According to Politico, the draft received 84 votes in favor and 14 against. The convention will finalize the platform in a future vote.
Goals of the Republican Party
The Republican party aims to end the Democrats’ “unlawful and un-American Crypto crackdown” and prevent the creation of a central bank digital currency (CBDC). The platform also seeks to protect Bitcoin mining rights, self-custody of crypto, and transactions without government control and surveillance.
In addition, the party plans to repeal President Joe Biden’s executive order on AI, labeling it “dangerous” and restrictive to AI innovation. The platform emphasizes supporting AI development “rooted in Free Speech and Human Flourishing,” contrasting Biden’s AI order, which it claims imposes “Radical Leftwing ideas.”
Alignment with Trump’s Stance
The draft platform reflects the views of Donald Trump, the presumptive presidential nominee. Trump has opposed CBDCs since January and advocates for US dominance in Bitcoin mining, seeing it as a safeguard against CBDCs.
At recent events in San Francisco and Wisconsin, Trump vowed to counter Democratic anti-crypto policies. He also expressed plans to oppose Biden’s executive order, aiming to “ban the use of AI to censor the speech of American citizens.”
Biden’s executive order on AI seeks to establish standards that protect rights and privacy while responsibly advancing AI.
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