Ramaswamy’s Crypto Policy Calls for Deregulation, Gutting SEC

Vivek Ramaswamy vows to rescind most federal cryptocurrency regulations and drastically reduce headcount at the Securities and Exchange Commission if he is elected president.

Ramaswamy’s proposal, the first crypto plan released by a Republican presidential campaign, calls for a 75% reduction of the federal workforce, including the SEC, and says he would make the deregulation of financial and investment rules a priority.

The SEC job cuts would not only affect roles overseeing crypto, but vastly reduce the agency’s ability to regulate financial markets more broadly.

Vivek Ramaswamy, chairman and co-founder of Strive Asset Management and 2024 Republican presidential candidate

Photographer: Eric Thayer/Bloomberg

“Since the inception of crypto, the shadow government in the administrative state in Washington, ...