Vivek Ramaswamy: Grayscale victory 'paves the way' for Bitcoin innovation
The Republican nominee also pledged to repeal all federal regulations that fail the Supreme Court's Major Issues Doctrine test in the West Virginia v. EPA case - a potentially positive for crypto.
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US presidential candidate Vivek Ramaswamy hailed Grayscale's recent victory over the federal securities regulator, saying the move will help prevent Bitcoin and blockchain innovation from being exported to the world. 'stranger.
In an Aug. 30 post on X (formerly Twitter), the pro-Bitcoin Republican nominee lashed out at a “shadow” US government, pointing blame at “illegal rogue behavior by” 3-party government agencies. letters” – presumably the Securities and Exchange Commission.
Ramaswamy said this has led to US courts serving as the last line of defense to help keep cryptocurrency innovators in the country, adding that it shouldn't have gone to court in the first place .
“This decision is strong and paves the way to keep Bitcoin and blockchain innovation in the United States rather than abroad,” Ramaswamy explained.
The shadow government in Washington DC is out of control and the federal courts are our *only* remaining line of defense against illegal rogue behavior by 3-letter government agencies. This decision is strong and paves the way to keep Bitcoin and blockchain innovation in the United States… https://t.co/FsykKyQEVG
— Vivek Ramaswamy (@VivekGRamaswamy) August 30, 2023Ramaswamy added that if elected, he would strike down all federal regulations that fail the Supreme Court's test in West Virginia v. EPA — a decision that could potentially limit the SEC's overreach on industry, depending on whether cryptography is considered to fall under the Big Questions Doctrine.
However, the question of whether the doctrine applies to the crypto industry is currently being considered by US courts. While several
The Republican nominee also pledged to repeal all federal regulations that fail the Supreme Court's Major Issues Doctrine test in the West Virginia v. EPA case - a potentially positive for crypto.
News
Join us on social networks
US presidential candidate Vivek Ramaswamy hailed Grayscale's recent victory over the federal securities regulator, saying the move will help prevent Bitcoin and blockchain innovation from being exported to the world. 'stranger.
In an Aug. 30 post on X (formerly Twitter), the pro-Bitcoin Republican nominee lashed out at a “shadow” US government, pointing blame at “illegal rogue behavior by” 3-party government agencies. letters” – presumably the Securities and Exchange Commission.
Ramaswamy said this has led to US courts serving as the last line of defense to help keep cryptocurrency innovators in the country, adding that it shouldn't have gone to court in the first place .
“This decision is strong and paves the way to keep Bitcoin and blockchain innovation in the United States rather than abroad,” Ramaswamy explained.
The shadow government in Washington DC is out of control and the federal courts are our *only* remaining line of defense against illegal rogue behavior by 3-letter government agencies. This decision is strong and paves the way to keep Bitcoin and blockchain innovation in the United States… https://t.co/FsykKyQEVG
— Vivek Ramaswamy (@VivekGRamaswamy) August 30, 2023Ramaswamy added that if elected, he would strike down all federal regulations that fail the Supreme Court's test in West Virginia v. EPA — a decision that could potentially limit the SEC's overreach on industry, depending on whether cryptography is considered to fall under the Big Questions Doctrine.
However, the question of whether the doctrine applies to the crypto industry is currently being considered by US courts. While several
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