According to ChainCatcher, as reported by CoinGape, ADA (Cardano) founder Charles Hoskinson expressed willingness to cooperate with the U.S. government under Trump to help formulate cryptocurrency legislation. The goal is to create a clear regulatory framework for the cryptocurrency industry.
Hoskinson announced these plans in a recent speech and stated that developing positive policies regarding cryptocurrencies requires support from both the Democratic and Republican parties. His company, Input Output Global (IOG), will establish a separate policy department for cryptocurrency regulation. This office will focus on creating a legislative framework that incorporates the provisions of the Financial Innovation and Technology Act (FIT21) and the Responsible Financial Innovation Act (RFIA). He added, 'I will work with lawmakers and the government to push a bipartisan bill through.'
