2020 U.S. Presidential election’s hopeful contender, Andrew Yang plans to regulate crypto at a national level if he is crowned. Andrew has provided his plan details in his blog post. He further adds that the regulations will clearly define what a token is and when it is a security.
“I’m Andrew Yang, I’m running for President as a Democrat in 2020 because I fear for the future of our country. ” says his introduction. He believes with proper regulations and tax implementations, the high rate of crypto frauds can be limited. He further wants to promote the nationwide adoption of cryptocurrencies.