Cardano's Charles Hoskinson Pushes for Bipartisan Crypto Policy with Senator Fetterman

Cardano's Charles Hoskinson Pushes for Bipartisan Crypto Policy with Senator Fetterman

By Jakub Lazurek

24 Dec 2024 (16 hours ago)

2 min read

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Cardano founder Charles Hoskinson seeks bipartisan support for crypto regulations, meeting with Senator Fetterman to bridge political divides.

Cardano founder Charles Hoskinson is working to build bipartisan support for cryptocurrency regulation by engaging with Democratic senators, including Senator John Fetterman. His goal is to craft policies that align with the evolving landscape of digital assets and promote collaboration across political divides.

Hoskinson has emphasized that cryptocurrency is not a partisan issue but a global one. He believes progress can only happen if lawmakers from both sides come together to explore crypto's potential for the country. In his recent statements, Hoskinson highlighted the need for unity, urging Republicans and Democrats to put aside their differences and evaluate what cryptocurrencies can bring to the table.

One of the key figures Hoskinson plans to engage with is Pennsylvania Senator John Fetterman. According to Hoskinson, Fetterman exemplifies the type of leadership needed for the cryptocurrency sector—leaders willing to question party lines and embrace new ideas. Fetterman, known for his unconventional approach, has recently made headlines by offering a nuanced perspective on Donald Trump’s political influence, attributing his appeal to voters who see him as protecting their version of the American way of life.

Hoskinson argues that crypto is being unfairly targeted in the ongoing political clashes. He criticized the Biden administration and policymakers like Senator Elizabeth Warren for their harsh stance on the industry, suggesting that this political environment is stifling innovation and progress.

Additionally, Hoskinson is advocating for a "Crypto Users Bill of Rights" to address key concerns in the crypto space. This proposal aims to ensure consumer protection, fair taxation, and clear asset classification. As part of this initiative, he has launched "Operation Baseline," a campaign to identify inefficiencies in the U.S. cryptocurrency market and push for legislation to resolve these issues.

Hoskinson’s efforts highlight the potential for cryptocurrency to transcend political divides and become a unifying force in crafting future-focused policies.

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