A major figure in the cryptocurrency sector is on a mission to push for a bipartisan crypto policy that would redefine the regulations governing digital assets. Founder of Cardano Charles Hoskinson He will speak with Senator John Fetterman and other Democratic senators to push for the formulation and development of policies that fit the circumstances surrounding cryptocurrencies.
Cryptocurrencies are a bipartisan issue
The founder of Cardano explained this Cryptocurrency It could become a bipartisan issue by involving Democratic senators next year.
“Cryptocurrency is not a Republican issue. It is an American and global issue. Only by bringing everyone together can we get to the next level,” Hoskinson said in a post.
The crypto founder’s approach is to encourage lawmakers from both Republicans and Democrats to temporarily stop fighting each other, saying that both camps should cooperate and carefully examine what cryptocurrencies can do for the country.
When people ask how we make crypto a bipartisan issue, these are the Democrats we need to be talking to next year. I will meet with Senator Fetterman’s people and others like him. Many in leadership felt that Warren and Biden got cryptocurrencies wrong, and now is the time to bring… https://t.co/ru9u8f5879
– Charles Hoskinson (IOHK_Charles) December 22, 2024
Talk to Senator Fetterman
Hoskinson said one Democratic senator he plans to talk to about bipartisan cryptocurrency policy is Sen. John Fetterman of Pennsylvania.
“I will be meeting with Senator Fetterman and others like him,” Hoskinson said in his X post.
Fetterman made headlines after offering his thoughts on why Donald Trump won the recent US election.
In an interview, the Democratic representative believes that Trump emerged victorious in the recent elections because he was seen as a protector of the American way of life, adding that “Trump is not a fascist as Kamala Harris claimed.”
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“A lot of Democrats, especially in my state that I know and love are people who (voted) for Trump and they are not fascists,” Fetterman said.
He said that the Americans decided to choose the candidate who they felt would protect and showcase their version of the American way of life.
Hoskinson noted that the senator is the type of leader cryptocurrencies need, leaders who are willing to challenge party lines and think differently.
the Cardano The founder argued that the cryptocurrency is a victim of the political crossfire from the hardline stance of the Biden administration and some US policymakers like Elizabeth Warren against the cryptocurrency sector.
Crypto Users Bill of Rights
Hoskinson is also advocating for a “bill of rights” for cryptocurrency users, a proposal he plans to push for.
He explained that the proposed “bill of rights” would focus on consumer protection, fair taxation and clear classification of assets.
Furthermore, the cryptocurrency founder launched a campaign dubbed “Operation Baseline,” saying that the campaign aims to identify shortcomings in the country’s cryptocurrency market and craft legislation that will address these shortcomings.
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