- Criticism of the SEC and Deregulation Plans
- Accusations Against the 'Shadow Government'
- Ramaswamy's Position on Cryptocurrencies
Vivek Ramaswamy, a biotech entrepreneur and former presidential candidate, continues to voice his opinions on cryptocurrency regulation.
Criticism of the SEC and Deregulation Plans
This week, Ramaswamy criticized the SEC's 'regulation by enforcement' under Gary Gensler, highlighting ambiguity around Ethereum's status. In his crypto plan, he proposed reducing the federal workforce by 75%, including the SEC, to create a freer and more dynamic financial environment. Ramaswamy stated: 'Ambiguity is the friend of the tyrant'.
Accusations Against the 'Shadow Government'
Ramaswamy accused the SEC of trying to stifle the growth of cryptocurrencies, calling their actions a 'shadow government'. He asserted that this cryptocurrency regulation would end under his leadership.
Ramaswamy's Position on Cryptocurrencies
Despite withdrawing from the presidential race, Ramaswamy's views on cryptocurrency deregulation continue to resonate within the political landscape. Ramaswamy also noted the possibility of Vice President Kamala Harris adopting crypto-friendly language to attract more voters. He believes this would help bring clarity to the industry.
Although Ramaswamy is no longer in the race, his ideas continue to influence the discussion on cryptocurrency regulation and the role of government oversight in the fast-growing digital asset sector.
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