Republican presidential candidate Vivek Ramaswamy on Wednesday announced his plans to release a “comprehensive crypto policy framework” by Thanksgiving.
Ramaswamy Promises Crypto Platform
During a conversation with Messari CEO Ryan Selkis, Ramaswamy made an appearance at Messari’s Mainnet crypto conference, where he discussed SEC rulings and the disruptive potential of blockchain technology in traditional finance.
He criticized regulatory agencies as an “unconstitutional fourth branch of government” and referred to them as a “cancer at the heart of our federal government," reported CoinDesk.
Selkis, who has seen the framework, agreed with Ramaswamy, stating that it is currently “75% there.”
Will The SEC Finally Approve Long-Awaited Bitcoin Spot ETF? Ask industry experts directly at Benzinga’s Future of Digital Assets event happening in NYC on Nov. 14, 2023. Be a part of the discussions where you won’t just be a passive spectator. Don’t let this chance slip away – secure early bird discounted tickets now!
See More: A Stay At The Floating Palace From James Bond's ‘Octopussy
Selkis A Fan Of Ramaswamy
Selkis, a strong advocate for Ramaswamy, mentioned that he had been assisting the candidate in formulating his crypto platform.
"A major presidential candidate actually having a fully baked position on crypto is something — I hope people will take up Vivek and his campaign on actually submitting some feedback," Selkis said on stage.
Ramaswamy, a former pharmaceutical entrepreneur, has positioned himself as a tech-forward heir to the populist movement led by former President Donald Trump.
Price Action: At the time of writing, Bitcoin BTC/USD was trading at $27,012, up 1.56% in the last 24 hours, according to Benzinga Pro.
Photo by Consolidated News Photos on Shutterstock
Read Next: Here’s How Much You Should Invest In Shiba Inu Today For A $1M Payday If SHIB Hits 1 Cent?
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.