cryptojournalist
Hoskinson’s New Initiative for Crypto Policy
Charles Hoskinson, the founder of Cardano, announced he’s launching a new policy office within his company, Input Output, to work on cryptocurrency regulations in the U.S. He’s planning to collaborate with lawmakers and the government to help shape clearer rules for the crypto industry.
Why Now Is the Right Time
Hoskinson believes that with Republicans likely to control both the Senate and the House, this is the perfect moment for the crypto world to push for more clarity. He pointed out that former President Donald Trump’s win in the 2024 election could also bring about the change the crypto industry needs.
Policy Should Be for the People, Not Big Corporations
Hoskinson stressed that crypto policy should be driven by the American people and the crypto industry, not by major corporations like BlackRock. He hopes to be part of the process when Trump’s administration takes office in 2025. Hoskinson is advocating for a bipartisan bill that would clearly define what’s considered a security or commodity in crypto, helping the industry get back on track.
