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Trump-Competitor Vivek Ramaswamy Calls Regulators 'Cancer' — Promises Crypto Policy Framework By Thanksgiving

Published 21/09/2023, 05:20
© Reuters.  Trump-Competitor Vivek Ramaswamy Calls Regulators 'Cancer' — Promises Crypto Policy Framework By Thanksgiving
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Benzinga - 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.”

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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 (CRYPTO: BTC) was trading at $27,012, up 1.56% in the last 24 hours, according to Benzinga Pro.

Photo by Consolidated News Photos on Shutterstock

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© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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