Democratic presidential candidate Andrew Yang has released an official statement on cryptocurrencies and digital assets, according to CoinDesk. Yang's campaign called for clearer regulatory guidelines to help promote and protect the digital economy with specific citations of both the Token Taxonomy Act currently before Congress and Wyoming's recent crypto legislation. If elected, Yang promised to define crypto taxonomy through legislation, assign regulatory duties to specific agencies, clear up tax concerns, aid consumer adoption through protection, and develop a national framework to supersede state regulations.