According to Odaily Planet Daily, Cardano and Ethereum co-founder Charles Hoskinson expressed deep concerns about former President Donald Trump’s new DeFi platform business World Liberty Financial.
Hoskinson said in an interview that the investment is likely to become a political flashpoint, exacerbating the delicate situation of cryptocurrency regulation in the United States.
His biggest concern is that the political polarization Trump has sparked in the cryptocurrency space could lead to investigations by regulators like the Justice Department or the Securities and Exchange Commission, stifling innovation and growth in the industry.
