Charles Hoskinson, founder of Cardano, discussed the future of crypto regulation in the United States in an interview with the CEO of COTI. While other regions have made progress in establishing regulatory frameworks for blockchain and digital assets, the US has remained stagnant. Hoskinson believes this lack of regulation has hindered the growth of the industry and forced many projects to exclude the US market. He sees the anticipated changes in US leadership as an opportunity for regulatory reform, but emphasizes the need for a comprehensive review of existing frameworks and the development of new approaches to regulate emerging technologies. Hoskinson aims to bridge the gap between US policymakers and international crypto experts, bringing in experts from abroad to share solutions and facilitate dialogue. He highlights the example of COTI, a project unable to operate in the US due to regulatory uncertainty, as an illustration of the potential value that the US is missing out on. Hoskinson believes that with a shift in approach, the US has the potential to become the best country to establish and operate crypto businesses.
- Content Editor ( blockchainreporter.net )
- 2024-12-20
Cardano’s Hoskinson Believes the Path for US’ Crypto Dominance Lies in Fostering Solid Regulation