Indian origin Vivek Ramaswamy drops out of 2024 US presidential race

Indian origin and Pro-crypto Republican candidate Vivek Ramaswamy has dropped out of the United States presidential election race, ending his nearly year-long campaign.

Speaking at a Jan. 16 press conference in Des Moines, Iowa, Ramaswamy told his followers that he would no longer be running for president, stating: “As of this moment, we are going to suspend this presidential campaign.”

There needs to be an America first candidate in this race,” Ramaswamy added, saying that he would be throwing his weight behind former President Donald Trump in the upcoming election.

Ramaswamy emerged on the presidential campaign circuit as a relatively unknown candidate, but he quickly garnered a following from the crypto community for his outspoken policy proposals concerning Bitcoin and other digital assets.

Ramaswamy was the only presidential candidate to introduce a crypto policy framework. On Nov. 16, he unveiled the “The Three Freedoms of Crypto,” which promised to exempt crypto developers from being held liable for the actions of people who use their code.