Computer antivirus pioneer and alleged fugitive John McAfee isn’t the only pro-Bitcoin presidential candidate. Andrew Yang has also thrown his hat in the 2020 presidential campaign ring as a candidate for the nomination of the Democratic Party and has included crypto regulation in his policy.
Yang is a cryptocurrency proponent who accepts both Bitcoin (BTC) and ERC-20 tokens as donations for his campaigns. Aside from that, he has called for a clear regulation of virtual tokens. Yang said the current government had done very little to regulate the rapid growth of the crypto industry. He vows to give digital assets the legitimacy they need to make inroads into mainstream acceptance. His campaign page reads:
“A national framework for regulating these assets has failed to emerge, with several federal agencies claiming conflicting jurisdictions. At the same time, states have come up with a patchwork of varying regulations that make it difficult for the US cryptocurrency markets to compete with those in other jurisdictions,…