Ramaswamy intends to end “shadow federal government” backdoor policies.
Governmental prospect Vivek Ramaswamy detailed his “Three Freedoms of Crypto” policy structure at the North American Blockchain Summit in Texas today. His vision intends to promote development and secure liberties in the crypto market through reforming policies enforced by administrative firms.
Ramaswamy’s ‘Three Freedoms’ structure includes the liberty to code, monetary self-reliance, and the liberty to innovate. On the liberty to code, he mentioned that “code is speech” which while the federal government can prosecute bad stars, it must not target code designers.
Rolling out my “Three Freedoms of Crypto” policy structure at the North American Blockchain Summit today in Texas. Given that the beginning of crypto, the shadow federal government in the administrative state in Washington, D.C., and its cronies on Wall Street have actually attempted to quash its … pic.twitter.com/eo2oUTlVMf
— Vivek Ramaswamy (@VivekGRamaswamy) November 16, 2023
Concerning monetary self-reliance, Ramaswamy slammed AML and KYC guidelines that have actually “been weaponized.” He argued that “self-hosted wallets must not be touched” as part of a “Jeffersonian vision of monetary self-reliance and self-reliance.”
On the liberty to innovate, Ramaswamy blamed the “regulative state” and not Congress for suppressing development through administrative rule-making.