Connect with us

Bitcoin News

US 2020 presidential candidate Andrew Yang meets with Litecoin founder



Andrew Yang, the pro-bitcoin 2020 Democratic presidential candidate, met with Litecoin founder Charlie Lee to reportedly discuss the future of cryptocurrency. Yang shared a picture of the two on Twitter, congratulating Lee on being a pioneer in the industry.

Pro-crypto presidential candidate meets Litecoin founder

Democratic presidential candidate Andrew Yang has been making headlines for his push to regulate the crypto industry in the United States and create a market that would compete with those in East Asia and Europe.

Yang, who is currently touring the U.S. promoting his campaign. He recently met with Litecoin founder Charlie Lee, with whom he reportedly discussed the problems crypto and blockchain companies face in the country.

Yang shared a picture of the two on Twitter on June 5, congratulating Lee on being a pioneer in the crypto industry.

Bringing Litecoin into the mix

Yang’s main platform was built on supporting initiatives such as universal basic income (UBI), widely available healthcare, and cryptocurrencies—especially Bitcoin. The presidential candidate has been vocal about his support for Bitcoin, saying that cryptocurrency has grown to represent a large amount of economic activity in the U.S. and that it shouldn’t be ignored.

Meet Andrew Yang, the pro-bitcoin presidential candidate

Related: Meet Andrew Yang, the pro-bitcoin presidential candidate

Yang called for the federal government to create clear guidelines as to how cryptocurrencies and the crypto market should be treated and regulated. According to his website, he plans to model his policies after the progressive pro-blockchain work accomplished by Wyoming legislators and the sponsors of the Token Taxonomy Act.

A survey recently taken by venture firm Blockchain Capital found that 9 percent or just under 30,000,000 million U.S. citizens own Bitcoin. Even if the numbers are vastly exaggerated, there are still tens of millions of voters in the U.S. that Yang could tap into.

Meeting with high profile figures such as Lee could help Yang get more recognition in the crypto community. Lee started Litecoin, now the fifth largest cryptocurrency by market cap, back in 2011. The coin has seen its popularity rise as a fast and secure method of payment in the past couple of years. While neither of the two provided any details on their meeting, Yang’s description hinted at a possible future collaboration.

Filed Under: Litecoin, People of Blockchain

Priyeshu Garg

Priyeshu is a software engineer who is passionate about machine learning and blockchain technology. He holds an engineering degree in Computer Science Engineering and is a passionate economist. He built his first digital marketing startup when he was a teenager, and worked with multiple Fortune 500 companies along with smaller firms. When he is not solving the transportation problems at his company, he can be found writing about the blockchain or roller skating with his friends.

View author profile

Commitment to Transparency: The author of this article is invested and/or has an interest in one or more assets discussed in this post. CryptoSlate does not endorse any project or asset that may be mentioned or linked to in this article. Please take that into consideration when evaluating the content within this article.

Disclaimer: Our writers’ opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before taking any action related to content within this article. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies.

Like what you read? Give us one like or share it to your friends
original post…

Continue Reading

Recent Posts

Copyright © 2019 The Crypto Report