Andrew Yang, who is running for U.S. president in the 2020 election, has explained what his priorities will be regarding cryptocurrency under his administration. He said that crypto investors are finding a way to make use of their investments and regulations cannot impede it. Yang advocates for a uniform, nationwide set of crypto regulations so the U.S. is not stuck with state-by-state policies.
Also read: Regulatory Roundup — New US Crypto Tax Bill, Central Banks Join Forces on Digital Currencies
Yang’s Crypto Priorities
Andrew Yang is an entrepreneur who is running for U.S. president as a Democrat in 2020. In an interview with Bloomberg’s Joe Weisenthal in Iowa on Wednesday, Yang was asked about his policies in a number of areas, including cryptocurrency, universal basic income (UBI), and the coronavirus.
“There is a lot of people who are like really big cryptocurrency fans … they love Andrew Yang,” Weisenthal began. He asked the presidential candidate what he would do under his administration with regard to regulations of the…