Cardano founder again supports Trump’s crypto policy
Cardano founder and Ethereum co-founder Charles Hoskinson has minimized his absence from a high-profile symposium on digital assets at the White House in March.
Except for Hoskinson, the founders of significant blockchain projects were present at the summit, which brought together several important players in the crypto business, according to Cryptopolitan. He maintains that he is not concerned by the omission, despite rumors to the contrary.
About two of the most well-known crypto advisors in the Trump administration, Hoskinson told DL News, “A lot of people want to get close to David Sacks and Bo Hines and build relationships there.” That’s this week’s flavor. Although it seems good, it doesn’t result in a long-lasting, sustainable policy.
Stable policy over temporary momentum
Although the Trump administration has implemented broad crypto reforms, such as creating a strategic reserve for Bitcoin and hiring pro-crypto SEC chair Paul Atkins, Cardano founder thinks the real effort is to ensure these reforms last beyond a single election cycle.
According to reports, he has been close to Senator Tim Scott, who is the head of the Senate Banking Committee and a driving force behind the stablecoin law that is currently pending. According to Hoskinson, this is a component of a larger initiative to establish long-term regulatory clarity. He is in favor of a market structure bill that is presently being discussed and would make clear the Commodity Futures Trading Commission’s (CFTC) and the SEC’s respective jurisdictions.
“It doesn’t matter if it’s JD Vance, a Democrat, or someone else who comes after Trump,” Hoskinson stated. “I require a stable, consistent set of rules.”
Hoskinson’s approach reflects a growing industry consensus that strong, apolitical regulation, rather than ephemeral political favor, is essential for long-term survival as U.S. crypto policy continues to change quickly.
We recently reported that Cardano founder and Ethereum’s original architect, Cardano founder, is optimistic that Bitcoin will surpass $250,000 in the next 12 to 20 months.