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.

With Andrew Yang recently dropping out of the race, crypto enthusiasts lost their choice candidate. Yang was an outspoken proponent of new technologies during his campaign, openly hailing everything from artificial intelligence to blockchain databases as important developments that will help carry humanity forward.

With that technophile voice gone from the race, it seems the billionaire Bloomberg is trying to win some of his own crypto attention. Here’s the proposed crypto regulation framework from his Financial Reform Policy: