RATE Group | Michael Bloomberg Surges in US Presidential Race, Proposes Bitcoin (BTC) and Cryptocurre…
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Michael Bloomberg Surges in US Presidential Race, Proposes Bitcoin (BTC) and Cryptocurre…

18 Feb Michael Bloomberg Surges in US Presidential Race, Proposes Bitcoin (BTC) and Cryptocurre…

Posted at 20:13h in Cryptocurrency News by

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Michael Bloomberg’s 2020 US presidential candidacy is looking up. Way up. The former New York mayor just qualified for his first Democratic presidential debate. With 19% support nationally, according to the latest NPR/PBS NewsHour/Marist poll, Bloomberg trails only Bernie Sanders who has garnered 31% support.

The billionaire media mogul and majority owner of Bloomberg L.P., a late entrant to the US presidential race, will join the debate stage on Wednesday, February 19 in Las Vegas, Nevada, putting his newly released financial reform plan front and center.

Bloomberg’s plan calls for a centralized record of all financial transactions in an effort to restore “protections and safeguards” that he says were put into place after the 2008 financial crisis and then stripped away by President Donald Trump.

Bloomberg says he can undo the damage through centralization and a clear regulatory framework for Bitcoin (BTC) and cryptocurrency – the new…

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