GOP candidate Vivek Ramaswamy has expressed support for crypto innovation in the US, particularly following Grayscale’s recent win against the SEC. Ramaswamy aims to rescind federal regulations that fail the Supreme Court’s test, drawing inspiration from a landmark decision challenging the EPA’s authority. This advocacy for cryptocurrencies is not unique to Ramaswamy, as Florida Governor Ron DeSantis has also shown support and signed legislation that eased restrictions on the state’s crypto industry. Understanding political narratives around crypto is important for traders to anticipate potential regulatory changes.
AI Sentiment: Positive
