Cardano founder Charles Hoskinson is stepping up to play a major role in shaping crypto policies in the United States. In an announcement that has caught the attention of the crypto community, Hoskinson revealed plans to establish a dedicated policy office through his company, Input Output, to contribute to the development and clarity of crypto regulations.

🔗 A Push for Clear Crypto Regulations

In a video posted on Nov. 9, Hoskinson shared his intention to actively work with lawmakers and administration members in Washington, D.C. “I’m going to be spending quite a bit of time working with lawmakers…to help foster and facilitate with other key leaders in industry the crypto policy,” he stated. He emphasized the urgency by saying, “We have to do this, and we have to get it done.”

🇺🇸 Why Now? The Best Opportunity Yet

Hoskinson believes that with the current political landscape—where there’s a strong possibility of Republican control over the Senate, Congress, and the Presidency—the time is right for crypto advocates to push for more definitive regulatory guidelines. This comes on the heels of Donald Trump’s recent election victory on Nov. 6, where he campaigned on promises of providing clearer paths for the crypto industry.

🏛️ A Call for Policies by the People, for the People

Hoskinson’s vision is that U.S. crypto policy should be influenced by the American crypto industry, not just big corporations or financial giants. He voiced this by saying, “None of us signed up to have companies like BlackRock dictate to the United States what crypto policy should be.” This sentiment echoes a broader concern within the industry that the U.S. risks falling behind in innovation if regulation continues to lag.

🌀 Ripple’s CEO Echoes the Sentiment

This move from Hoskinson comes amidst ongoing regulatory challenges. Ripple CEO Brad Garlinghouse, who has been locked in a prolonged legal battle with the U.S. Securities and Exchange Commission (SEC), has repeatedly stressed that unclear regulation puts the U.S. at a “severe risk” of losing its standing as a hub for blockchain innovation.

💡 What’s Next?

With Hoskinson at the forefront, collaborating with policymakers and industry leaders, the U.S. could be on the cusp of significant changes in its approach to crypto regulation. This could lead to a more inclusive and innovative landscape for blockchain and cryptocurrency, benefiting both startups and seasoned investors alike.

Stay tuned for more updates as Hoskinson’s plan unfolds and as the conversation around U.S. crypto policy continues to heat up.

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