Environmental lawyer Robert F. Kennedy Jr. has filed paperwork with the Federal Election Commission to run for president in 2024 as a Democrat, with the filing confirmed on Wednesday, April 5, by his campaign treasurer, John E. Sullivan.

This announcement of his presidential bid made news in the cryptocurrency space after Kennedy Jr. made a strong statement regarding the potential dangers of central bank digital currencies (CBDCs) on Twitter on the same date. Notably, the Federal Reserve (Fed) announced it could introduce its “FedNow” CBDC in July, which Kennedy Jr. warns could lead to ‘financial slavery and political tyranny.’

According to the 69-year-old, CBDCs would allow the government to surveil all private financial affairs, limiting where individuals can send money and where they can spend it. This could even extend to the expiration of money, which could be used to enforce government policies, such as vaccine mandates.

(by Jordan Major)