Originally published on: November 10, 2024
In a bold move aimed at shaping the future of cryptocurrency policies in the United States, Charles Hoskinson, the creator of Cardano, announced plans to establish a policy office within his company, Input Output.
During a recent video post, Hoskinson emphasized the importance of collaborating with lawmakers, key industry leaders, and members of the administration to foster and facilitate the development of crypto policies.
With a new focus on engaging with decision-makers in Washington DC, Hoskinson expressed optimism about the opportunity presented by the upcoming political landscape. Following the recent election results, where Republicans are set to control key government branches, Hoskinson sees a window of opportunity to bring clarity to the crypto industry.
Highlighting the need for policies that reflect the interests of the American people, the crypto industry, and lawmakers, Hoskinson stressed the importance of avoiding external influences in shaping crypto regulations.
This initiative comes on the heels of growing concerns within the crypto industry about the US falling behind in global innovation, as exemplified by Ripple CEO Brad Garlinghouse’s criticisms of the SEC’s regulatory stance.
Hoskinson’s proactive approach signals a commitment to working towards bipartisan solutions that provide clarity on issues like securities and commodities, allowing businesses and participants in the crypto space to operate with confidence.
As the crypto industry anticipates a more supportive regulatory environment, Hoskinson’s efforts aim to pave the way for a thriving ecosystem that fosters innovation and growth. Stay tuned for updates on how these initiatives will impact the future of crypto in the US.
