• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Friday, July 18, 2025
  • Login
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Crypto

Presidential Contender Vivek Ramaswamy Plans to Have Crypto Policy Ready by thanksgiving

by Reshab Agarwal
September 22, 2023
in Crypto, Crypto Regulation, News, Trending
Reading Time: 3 mins read
0
Presidential Contender Vivek Ramaswamy Plans to Have Crypto Policy Ready by thanksgiving
TwitterWhatsappLinkedin

A framework for cryptocurrency policy is being created by Vivek Ramaswamy, one of the candidates vying for the Republican Party’s nomination to run for the position of President of the United States in 2024. Numerous crypto enthusiasts and businesspersons are sitting tight and bracing themselves from the news for any hopeful reforms that come to fruition as Vivek Ramaswamy plans to have crypto policy ready by Thanksgiving.

You might also like

France’s New Bitcoin Mining Pilot: Turning Surplus Power into Profit

BlackRock Amplifies Bitcoin Holdings as ETF Inflows Surge

House Sets Record in Marathon Vote to Advance Crypto Bills

Ramaswamy revealed his intentions on Thursday at the conference of the data company Messari Mainnet, much to the thrill of the crypto community and attracting the attention of the American media. The right-wing politician stated the plan was 75% complete and requested feedback from the crowd. By Thanksgiving, the pro-Bitcoin candidate hopes to fully publicize his plan.

In a “fireside chat” with Messari Mainnet CEO Ryan Selkis, Ramaswamy held up a generally positive depiction of blockchain technology and sent a harsh condemnation of “three-letter” regulatory agencies. Ramaswamy also touched on recent SEC rulings and cryptocurrency’s role as a whole being a radical force of innovation in the face of otherwise traditionally customary finance.

Why Does the Plan Draw Attention?

As Vivek Ramaswamy plans to have crypto policy ready, the Messari CEO Ryan Selkis, who has been assisting Ramaswamy with the early version of the policy manuscript and validated the progress achieved by his team thus far, was present there on site when the Republican made the announcement. Selkis was noted by DL News as saying that he hopes people will engage Vivek and his campaign in actually providing some feedback on an important presidential candidate who has a “fully baked” policy on cryptocurrency.

Ramaswamy – a 38-year-old businessman with experience in the financial, pharmaceutical, and biotech industries – gave a lengthy lecture at the crypto event in New York and also lambasted the federal agencies for their tyrannical “regulation by enforcement” stance. Additionally, he promised to fire three-quarters of the employees at regulatory organizations like the U.S. Securities and Exchange Commission (SEC).

If Ramaswamy follows through on his commitment, he will probably be the first Republican presidential candidate to present a thorough plan to control crypto assets and associated activities in the United States of America.

In all the interviews following Ramaswamy’s initiation for the Presidential drive, Florida Governor Ron DeSantis, who as a forerunner is leading the man’s narrative as Vivek Ramaswamy plans to have crypto policy ready, has pledged to safeguard people’s rights to use Bitcoin and put a stop to the current American administration’s conservative and redundant “war on cryptocurrency” as being fought by regulators and lawmakers under Democratic President Joe Biden.

If Ramaswamy gets elected as the President, DeSantis has, however, not yet provided any more details about his crypto policy. DeSantis and Ramaswamy have both spoken out against proposals to launch a digital currency issued by the U.S. Central Bank (CBDC), calling it a purported “threat to liberty” in the country.

Final thoughts

Ramaswamy commented that the regulators are an “unconstitutional government” and that he has some quite strong opinions on how the government should interact with cryptocurrencies in the future. He also thought that this whole ordeal was the disease at the core of “our federal government today”.

“Most of the political power is wielded by people who are never elected to their positions that sit in the back of three-letter government agency buildings in Washington DC in a three-letter regulatory alphabet soup,” Ramaswamy said.

Despite producing several non-fungible tokens (NFTs) with his likeness and announcing an Ethereum wallet with a minimum of $1 million in its balance, the Republican Party front-runner and former U.S. President Donald Trump had previously declared in a stern tone that he is “not a fan” of cryptocurrencies. Suffice it to say, Americans are curious as to how the conflicting attitudes towards digital tokens will contrast against one another and how it would all ultimately prove to be for cryptocurrency laws in the country if Ramaswamy truly does succeed in winning the seat once occupied by Trump.

Also Read: Coinbase Calls Crypto Holders to Advocate for Clear Regulation.

Tags: #crypto regulation
Tweet54SendShare15
Previous Post

Coinbase Calls Crypto Holders to Advocate for Clear Regulation

Next Post

Hopes for Bitcoin Heightened as China Suffers Worst Capital Flight in a Long Time

Reshab Agarwal

Reshab is a tech-enthusiast who likes to write about all things crypto. He is a Bitcoin bull and believes in a decentralized future of finance. Follow him on Twitter for more!

Recommended For You

France’s New Bitcoin Mining Pilot: Turning Surplus Power into Profit

by Anindya Paul
July 17, 2025
0
Bitcoin

French lawmakers have unveiled a bill (submitted on July 11, 2025) proposing a five year experimental program that would allow energy producers to redirect surplus electricity—particularly from nuclear and renewable...

Read more

BlackRock Amplifies Bitcoin Holdings as ETF Inflows Surge

by Anindya Paul
July 17, 2025
0
BlackRock

Asset management behemoth BlackRock continues its notable accumulation of Bitcoin, riding the wave of robust demand for its Bitcoin-backed ETF. Over the past month, the firm has made...

Read more

House Sets Record in Marathon Vote to Advance Crypto Bills

by Anindya Paul
July 17, 2025
0
House

In a historic move, the U.S. House of Representatives on July 16–17 broke records by holding its longest-ever vote—spanning nearly ten hours—to advance three major cryptocurrency bills. Amid...

Read more
Next Post
Viability of Brics currency ties to Chinese Yuan

Hopes for Bitcoin Heightened as China Suffers Worst Capital Flight in a Long Time

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple Artificial Intelligence bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?