US presidential candidate Andrew Young vows to streamline cryptocurrency market regulation
According to Young, him aim is an “creature accessible guides in the world of digital assets to businesses and individuals faces could invest in this area and develop her, without fear of regulatory changes“.
“It’s time for the federal government to create clear guidelines for Togo, as will be regulated digital markets assets/ cryptocurrencies so that investments can be made based on the whole necessary information “, – said in a statement.
Young also describes his next steps., if is he will be selected by the President of the United States: “As President, I will advocate for legislation, providing market clarity cryptocurrencies/ digital assets by determining what a token is when is he is a security (to example, approving the concept of “utility-token”), Appointing federal agencies with credentials in the cryptocurrency / digital asset space, providing protection consumers in this space, clearing consequences ownership, sale and trade digital assets in context taxation, liberating the industry from requirements of the laws of individual states in favor of a single national legal framework when it perhaps“.
IN his In his message, the presidential candidate refers to the Token Classification Bill recently re-submitted to Congress, and mentions significant developments in this issue currently held by Wyoming legislators.