Charles Hoskinson criticizes White House exclusion, reinforces focus on stablecoin legislation
- Charles Hoskinson advocates clear legislation for cryptocurrencies
- Cardano maintains market position even outside of politics
- Regulatory discussions prioritize stability over political alliances
Charles Hoskinson, founder of Cardano, has publicly commented on his exclusion from the White House-hosted Cryptocurrency Roundtable, calling the meeting a merely symbolic event. For him, building sustainable policies is more important than any temporary political collaboration.
In his statements, Hoskinson emphasized that the focus should be on creating a clear and lasting regulatory framework capable of providing legal stability to the cryptocurrency sector. He advocates a regulatory model that prioritizes global consistency, pointing out that real progress will only come with robust legislation and not through momentary political alliances.
Despite his absence from official events, Hoskinson remains active in formulating proposals that directly influence debates on public policies applied to cryptocurrencies. He has been working internationally to seek legislative support for the creation of clear rules, including regarding the regulation of stablecoins.
Industry leaders have mixed reactions to his approach. While some value political presence in high-level forums, others agree with his preference for a cohesive, long-term legislative model. Hoskinson’s continued involvement reinforces the importance of accountability in developing policies that drive industry growth.
Even out of the political spotlight, Cardano’s (ADA) position in the market remains solid. The asset is currently trading at $0,619, with a market cap of over $21 billion. Despite having seen a decline of over 42% in the last three months, Cardano still represents 0,82% of the global cryptocurrency market.
Industry analysts say Hoskinson’s strategic stance could help shape future regulations in a positive way. His continued work toward a stable regulatory environment could benefit not only Cardano but the blockchain ecosystem as a whole.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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