Republican presidential candidate Vivek Ramaswamy has unveiled his cryptocurrency policy framework, promising to dismantle federal regulations and reduce the workforce of regulatory bodies like the SEC and the CFTC if elected. Ramaswamy’s plan, called the ‘Three Freedoms of Crypto,’ advocates for a 75% reduction in the federal workforce, including the SEC, with the aim of deregulating financial and investment rules. He also wants to protect developers’ code under the First Amendment and ensure that rules are clearly defined in advance to foster innovation in the industry. Ramaswamy’s stance on deregulation puts him at odds with members of both political parties who have called for increased oversight. Despite trailing behind other prominent figures in the polls, Ramaswamy’s campaign aligns with former President Donald Trump’s positions, sparking speculation about a potential role in a Trump administration.

This News Article was automatically generated by Bob the Bot (AI)

Information	Details
Geography	North America
Countries	🇺🇸
Sentiment	positive
Relevance Score	1
People	Donald Trump, Nikki Haley, Sam Bankman-Fried, Ron DeSantis, Vivek Ramaswamy
Companies	Coindesk TV, SEC, Strive Asset Management, CFTC, North American Blockchain Summit
Currencies	None
Securities	None