← Go back Jan 01, 2024
Vivek Ramaswamy, a U.S. Presidential candidate passionate about cryptocurrencies, has suspended his campaign for Republican leadership after a fourth-place finish in Iowa. Ramaswamy had pledged to lay off most of the Securities and Exchange Commission (SEC) and create a direct a path for digital assets policy if elected President. Ramaswamy conceded and endorsed former President Donald Trump. Ramaswamy wished to significantly reduced the SEC’s power over the crypto sector, safeguard software developers and unhosted digital wallets, and treat most cryptocurrencies as commodities. According to a disclosure from earlier this year, Ramaswamy owns between $100,001-$250,000 of bitcoin (BTC) in a Coinbase (COIN) account and between $15,001 and $50,000 in ether.
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