🚀💰💸 Cardano Founder Says: Joe Biden Is Trying To 'Kill Cryptocurrency'

The fight over a non-binding resolution passed in the US House of Representatives has become a broader fight, pitting the cryptocurrency industry against the Biden administration.

“The Biden administration has made a concerted effort to destroy crypto,” Cardano creator Charles Hoskinson wrote on Twitter.

Yesterday, the White House said US President.#JoeBiden,H.J. Res., who asked the Securities and Exchange Commission (SEC) to withdraw its staff bulletin regarding digital asset custody accounting. he would veto resolution 109. The resolution, which won a bipartisan vote of 229-193, criticized the Sec's stance as hindering American innovation in the digital asset space.

Hoskinson claims this is just the latest move in what he calls "Operation Chokepoint 2.0."

“This November, if you vote for Joe Biden as a crypto owner, understand that the goal of this administration is to destroy the US crypto industry,” he said in a session. live on Twitter late Wednesday. “Please understand this. That is obvious."

The White House argued that the decision would harm the Sec's efforts to protect investors in cryptocurrency markets and protect the broader financial system. But crypto enthusiasts don't see it that way - and many believe former president Donald Trump would be the better choice in the November election.

“The [Trump] administration has had many problems, but they have largely ignored our industry,” Hoskinson said.

“The executive is deaf and continues to pursue the same policy, which has cost tens of thousands, if not hundreds of thousands, of American jobs, as well as the loss of an industry,” Hoskinson said. trillion dollar industry”.