RFK Jr drops out of presidential elections race, while Trump takes lead on Polymarket

Kennedy is set to address the nation from Arizona on Aug. 23 and could potentially reveal more support for Trump’s presidency.

Independent candidate Robert F. Kennedy Junior has withdrawn from the 2024 presidential elections in the United States.

Kennedy withdrew from the election race on Aug. 22, according to a document filed to the Arizona Secretary of State.

The withdrawal comes ahead of Kennedy’s upcoming speech in Arizona on Aug. 23.

The withdrawal comes days after Republican presidential candidate Donald Trump expressed his openness to Kennedy playing a role in his administration if the independent candidate drops out, Trump told CNN.

The outcome of the US elections could have significant implications on crypto regulations worldwide since the US is often seen as a guiding jurisdiction for global regulations, as the world’s largest economy.

Related: Kamala Harris may continue the Biden administration’s crypto crackdown

This is a developing story, and further information will be added as it becomes available.