Overview

• U.S. presidential candidate Vivek Ramaswamy criticizes SEC Chair Gary Gensler and current crypto regulations during the Republican Party presidential debate.
• Ramaswamy argues that the current regulatory framework is ineffective, as evidenced by controversies surrounding Binance and FTX.
• Florida Governor Ron DeSantis voices strong opposition to the implementation of a Central Bank Digital Currency (CBDC), claiming it would threaten personal freedoms.
• Ramaswamy is one of the few presidential candidates to make crypto a central campaign theme, unveiling a crypto policy framework.
• Outside of the presidential race, crypto has become a hot-button issue in the United States, with Democratic Senator Elizabeth Warren declaring a 'war on crypto' as part of her senate reelection campaign.