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Is Bloomberg Looking to Take Yang's Spot as the Crypto-Friendly Candidate?

Former New York mayor and present-day Presidential candidate Mike Bloomberg seems to be snuggling up to the crypto community.

In a proposal for financial reform released Feb. 18, the Democratic candidate not only wrote about cryptocurrency as an asset class, but also offered a regulatory framework for cryptocurrency in the U.S. That framework remains vague, running some 100 words in total, but it does represent a solid chunk of attention aimed at the blockchain world.

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