Tulsi Gabbard, the United States Representative for Hawaii’s 2nd congressional district who is a prominent holder of crypto, has officially launched her drive for the 2020 U.S. presidential elections.
The development was reported by TrustNodes on February 4.
Gabbard — a Democrat who stepped down as Vice Chair of the Democratic National Committee (DNC) to endorse Senator Bernie Sanders for the party’s presidential nomination a few years ago — had first announced her own intent to join the 2020 race for president in an interview with CNN last month.
With Gabbard’s campaign launching, observers from the crypto industry have been noted that the candidate has declared a number of investments in cryptocurrencies, as well as stock indexes.
Congressional filings that were filed last year indicated that Gabbard purchased altcoins Ethereum (ETH) and Litecoin (LTC) — with investments of between $1,001-15,000 — at the peak of the crypto bull run in December 2017.
Gabbard has thus far raised $2 million for her campaign — substantially less than her Democratic rival Elizabeth Warren, said to have raised an astounding $11 million.
Warren, a known crypto and initial coin offering (ICO) cynic, has cautioned of the need to safeguard retail investors in the volatile and unevenly regulated space.
Another presidential hopeful — the former CEO and chairman of Starbucks, Howard Schultz — is running for the position as an independent. Schultz, while dismissive of Bitcoin (BTC), has recommended that Starbucks “is in a unique position to take advantage” of a future of consumer-focused blockchain-based digital currencies.
Meanwhile, programmer and well-known crypto enthusiast John McAfee is making his own bid for the presidency with the clear goal of promoting permissionless cryptocurrencies as part of a libertarian agenda.
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