US presidential candidate Vivek Ramaswamy posted on the X platform that if he is elected president, his cryptocurrency policy will ensure a vibrant future for emerging industries to ensure the economic freedom of Americans seeking alternatives to centralized finance.
Earlier this month, Ramaswamy released his “Three Freedoms for Cryptocurrency” policy, detailing how the industry would benefit from a transparent regulatory environment that would allow cryptocurrency projects to flourish.
The first pillar of the policy focuses on giving developers "the freedom to write and distribute code," the second pillar will make Americans "economically self-reliant and independent," and the last pillar protects projects from the abuses currently prevalent in the industry. The impact of “regulatory excess and uncertainty.” He concluded that these pillars would “liberate American innovators from an administrative state that persecutes and blocks innovation.”
Ramaswamy has become one of the cryptocurrency industry's biggest supporters since the start of his presidential campaign. He has criticized the regulatory enforcement approach taken by federal agencies such as the SEC, and he has promised to significantly reduce the number of employees at these federal regulatory agencies if elected president. Furthermore, he recently expressed his willingness to discuss Bitcoin at the upcoming Republican debate. (CryptoSlate)
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