Cardano Founder Criticizes Trump's Crypto Policy Damaging Industry Outlook

By: theblockbeats.news|2025/12/19 00:46:02

BlockBeats News, December 19, according to Decrypt, Cardano (ADA) founder Charles Hoskinson recently stated in an interview that former President Trump's launch of a personal Meme coin was "discouraging." He mentioned that this action has turned cryptocurrency into a partisan issue, disrupting the bipartisan momentum in Congress. He also opposed Trump's proposed national strategic crypto reserve plan, which included various cryptocurrencies such as Bitcoin and Ethereum, stating that the government should not intervene to pick winners in the market. Hoskinson revealed that due to his public criticism of these policies, he was excluded from a private dinner with the president and lost the opportunity to participate in the legislative process.

From South Korea and the OECD accelerating the implementation of crypto regulation and compliance frameworks, to the simultaneous development of TAO ETFs, privacy technologies, mining, and Bitcoin reserves, while security incidents and financial losses continue to rise, the crypto market has entered a new phase amid multiple challenges of "strong regulation + technological evolution + amplified risks."

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