US regulators are doing a ‘good job reining in’ cryptocurrencies

Charles Hoskinson has criticized the lack of consistency in the application of classification standards by the US Securities and Exchange Commission (SEC).

The US approach to crypto could do more harm than good, and they risk losing major players by the time they “get their act together,” Cardano founder Charles Hoskinson said. said.

“In particular, when you look at some of the US regulators, they have done a very good job of alienating most of the industry. They are not clear at all,” Hoskinson told Cointelegraph on the sidelines of the recent Abu Dhabi Financial Week.

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Charles Hoskinson