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Republican Presidential Candidate Vivek Ramaswamy Unveils Crypto Policy Framework with Three Freedoms of Crypto

Republican Presidential Candidate Vivek Ramaswamy Unveils Crypto Policy Framework with Three Freedoms of Crypto

CointimeCointime2023/11/16 21:12
By:Cointime

Republican presidential candidate Vivek Ramaswamy has presented a crypto policy framework called "The Three Freedoms of Crypto" at the North American Blockchain Summit. The framework aims to protect developers of smart contract code from being held liable for the actions of users. Ramaswamy has promised to direct government prosecutors to go after bad actors, not the code they use or the developers who write it. He has also pledged to provide regulatory clarity that gives new cryptocurrencies "safe harbor" exemptions from securities laws and prevent federal agencies from creating rules that limit the use of self-hosted wallets. Ramaswamy is currently polling between 0% and 8% of the Republican vote in New Hampshire.

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