Washington July 31 (IANS) Andrew Yang a second-generation Chinese American running for the 2020 US presidential race as a Democrat has announced his acceptance of cryptocurrency as forms of donation according to Yang s campaign.
The campaign on Monday announced that it can accept Bitcoin Ethereum and anything on the ERC20 standard within a maximum of $2 500 reports Xinhua news agency.
Venmo payments of up to $2 700 are also acceptable.
The campaign has also used other tech innovations including Twitch and Instagram TV to live broadcast campaign events.
Donors will receive a form that will allow the campaign to verify their voter qualifications after which it will send a cryptocurrency wallet address to allow them to make donations.
Yang 43 founded the New York-based entrepreneurial fellowship organisation called Venture for America.
He authored a book called "The War on Normal People" which argues in favour of a universal basic income of $1 000 a month for all US citizens between the ages of 18 to 64.
He also opposes artificial intelligence and automation technology.
Yang favours a new type of capitalist economy called "human capitalism" that is geared to maximise human well-being.

--IANS ksk/sed