Vivek Ramaswamy, a former Republican presidential candidate, has criticized the US government's regulatory crackdown on the cryptocurrency industry, calling it 'anti-American' and advocating for clearer regulations. In an interview with Yahoo Finance, Ramaswamy slammed the Federal Reserve's efforts to manage unemployment and inflation as 'unsustainable' and highlighted the detrimental impact of 'regulation by enforcement' on the crypto sector. He argued that current regulatory practices create ambiguity, leaving firms uncertain about compliance, and stressed that investors deserve clarity. Ramaswamy also expressed his belief that Donald Trump would be a supportive ally for the crypto industry if re-elected, pointing to Trump's earlier promises regarding Bitcoin. The former hedge fund manager proposed sweeping deregulation, including significant cuts to the federal workforce, particularly within the SEC, which he believes stifles innovation in the crypto space. Overall, Ramaswamy's remarks emphasize the need for a more supportive regulatory environment to foster technological advancement in the US economy.