• Charles Hoskinson thinks Trump’s administration is an opportunity to achieve regulatory clarity for crypto.

  • Republicans would likely control the Senate and the House.

  • Hoskinson is setting up a special office to work towards crypto regulation.

Cardano founder Charles Hoskinson thinks Donald Trump’s administration would provide the best opportunity for the crypto industry to achieve regulatory clarity. Hoskinson highlighted the likelihood of the Republicans controlling both the Senate and the House, noting that he would spend a lot of time in 2025 working with the government on cryptocurrency matters.

https://twitter.com/AltcoinDailyio/status/1855429607194776004

According to Hoskinson, the Trump administration’s approach to the crypto industry will allow community members to remove the “Damocles” that the SEC has hung over several crypto ecosystems, including Cardano, Ripple, Ethereum, and many others. 

Read also: Trump’s Crypto Team: Cardano’s Charles Hoskinson in the Spotlight

Despite the SEC’s approval of several Bitcoin ETF products early this year, Hoskinson criticized the commission for allowing companies like BlackRock, one of…

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