2020 Presidential Hopeful Andrew Yang Says Regulators ‘Owe’ Clarity on Rules for Crypto Industry



welcome to Kryptonians daily on this channel we share the latest news from the cryptocurrency space we also go ahead and do coin reviews ICO reviews and we also share different articles which we publish up on our website at the lock up crypto over on lock up crypto you'll find absolutely everything to do with crypto currency and it's all about education so you can see here we've got guides on here we've got the education platform we've got coin reviews ico reviews crypto content and much more so there's a link to this down below feel free to go ahead and check this out but without further ado let's go ahead and jump into today's video you presidential contender Andrew yang took the stage at consensus 2019 on Wednesday facing a friendly if not slightly boisterous crowd as he discussed Bitcoin blockchain in his bid for the White House amid jokes about a possible yang coin yang essentially pitched himself as a sympathetic friend of the crypto community in an appearance that came weeks after his campaign issued a policy statement on digital asset regulation he also opined on the declining influence of traditional media the threat of climate change his freedom dividend pitch and current u.s President Donald Trump the opposite of Donald Trump is an Asian candidate who likes math as coin desk reported in April yang promised clear guidelines in the digital asset world so that businesses and individuals can invest and innovate in the area without fear of a regulatory shift a position that he reiterated during his onstage conversation with coin centers neeraja Agarwal he argued that the current framework in the u.s is unclear and unfair to people working with the technology saying if you're a builder it's just look tell me what the landscapes going to look like and we'll figure it out from there but no one knows what the landscape will look like for the record yang told coin desk after his talk that he doesn't own any crypto but that he has some funds in a vehicle which has some crypto holdings on regulators practice of setting policy through enforcement actions rather than issuing guidance yang told Coyne desk I think it's unfair to folks and I think it's a clear emblem of the u-s-s approach and customers ask what the heck it's one thing that they regulators come down when there's clear guidelines but there aren't in crypto so the regulator's owe us some degree o the community some degree of clarity similarly yang acknowledged the digital privacy concerns that motivate many crypto users telling the audience I'm sympathetic to members of the community who wanted to have more of these transactions occur in a non monitored manner or context yang also offered some more lighthearted advice for crypto advocates don't eat sleep and breathe crypto too much every once in a while go on a hike drawing laughs in a response from Agrawal I guess I should do that looking ahead to his possible occupancy in the White House yang called blockchain one of the key technologies that he envisions forming part of a next-generation economy and reiterated that he would be a friend to the industry should he prevail in the 2020 vote not to mention the crowded Democratic Party primary which begins in earnest this summer when the official debates begin

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