Vivek Ramaswamy, a pro-crypto Republican candidate, has withdrawn from the US presidential race after a year-long campaign. Ramaswamy had gained attention for his bold policy proposals surrounding cryptocurrency and blockchain technology. He was the only presidential candidate to introduce a comprehensive crypto policy framework, which aimed to protect crypto developers and establish clear regulatory guidelines for new cryptocurrencies. Despite his departure from the race, the crypto community is left wondering who will champion their cause and advocate for sensible and forward-thinking regulation in American politics.

Republican presidential candidate Vivek Ramaswamy has presented a crypto policy framework called "The Three Freedoms of Crypto" at the North American Blockchain Summit. The framework aims to protect developers of smart contract code from being held liable for the actions of users. Ramaswamy has promised to direct government prosecutors to go after bad actors, not the code they use or the developers who write it. He has also pledged to provide regulatory clarity that gives new cryptocurrencies "safe harbor" exemptions from securities laws and prevent federal agencies from creating rules that limit the use of self-hosted wallets. Ramaswamy is currently polling between 0% and 8% of the Republican vote in New Hampshire.