ADA founder: Willing to work with the Trump administration to formulate cryptocurrency legislation

2024-11-10 14:08:56

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ChainCatcher news, according to CoinGape, ADA (Cardano) founder Charles Hoskinson expressed his willingness to collaborate with the U.S. government under Trump to help formulate cryptocurrency legislation. The goal is to create a clear regulatory framework for the cryptocurrency industry.

Hoskinson announced these plans in a recent speech, stating that developing positive policies regarding cryptocurrency requires support from both Democrats and Republicans. His company, Input Output Global (IOG), will establish a separate policy department for cryptocurrency regulation. This office will focus on creating a legislative framework that incorporates the provisions of the Financial Innovation and Technology for the 21st Century Act (FIT21) and the Responsible Financial Innovation Act (RFIA). He added, "I will work with lawmakers and the government to push a bipartisan bill through."

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