Andrew Yang Campaign Releases Technology Plan Focused on Rebuilding Public Relationship With Big Tech

The crypto-friendly presidential candidate outlined his tech visions in a blog post to his campaign site.

AccessTimeIconNov 18, 2019 at 9:06 p.m. UTC
Updated Sep 13, 2021 at 11:43 a.m. UTC
Consensus 2023 Logo
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.
Consensus 2023 Logo
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.

Crypto-friendly U.S. presidential candidate Andrew Yang unveiled his campaign's technology plan focused on how to rebuild America’s relationship to its big tech behemoths, in addition to his calls for normalizing how crypto is treated at the regulatory level. 

In a policy proposal posted to his website, Yang proposes stringent data protection laws, a “Department of Technology,” child-protection health guidelines and changes to section 230 of the Communications Decency Act, the central tenet of internet regulation that shields websites from their users’ actions.

Details of his crypto plan come near the end of the 3,500-word tech manifesto.

Yang pledged to “preempt state regulations” such as the “onerous” New York BitLicense, that he said “has had a chilling effect on the US digital asset market.”  New York’s law is already leading to legislative arbitrage with far flung states, such as Wyoming, which is presenting a state-based solution to the national crypto banking registration question.  

Much of Yang's crypto stance was taken from his previous campaign statements.

“Cryptocurrencies and digital assets have quickly grown to represent a large amount of value and economic activity, outstripping government’s response,” he said. “We shouldn’t stifle innovation, but we also shouldn’t let it outpace our ability to regulate it.”

Yang proposed defining tokens and clarifying crypto tax laws, protecting consumers and promoting competition between platforms. That means bringing legislative clarity to a technology notoriously ridden with fraud, he said. 

His solution: demand that the disparate parts of the American government – from tax collectors, securities regulators, legislators and agencies at large – define their stances on crypto assets, removing uncertainty that could be preventing mass adoption. 

The Democratic hopeful is an outspoken evangelist for cryptocurrencies and blockchain. He supports blockchain-based voting platforms, derided cumbersome regulatory schemes and lauded blockchain as “one of the key technologies.”

Yang has even attended industry conferences. At Consensus 2019 he called himself a friend of the industry and pledged to support it if he were to win. 

“If I’m in the White House oh boy are we going to have some fun,” he said at the time. 

Voting for the Democratic primary begins in February 2020.


Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Learn more about Consensus 2023, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to to register and buy your pass now.