Miami Mayor Francis Suarez, one of the few cryptocurrency-friendly candidates running for president of the United States in 2024, has announced he will be suspending his campaign.
In an Aug. 29 announcement on X (formerly Twitter), Suarez said that while running for U.S. president had been “one of the greatest honors of [his] life,” he made the decision to end his campaign and suggested he would support “a strong nominee” from the Republican Party. The Miami mayor announced in June he intended to seek the Republican nomination for U.S. president in the 2024 election, but he did not qualify for the first party debate on Aug. 23.