Hoskinson pitches software-enabled crypto self-regulation to Congress
Hoskinson feels regulations for the crypto industry should be defined better, but that compliance should come from the industry itself, not from regulatory authorities. Cardano co-founder Charles Hoskinson has told Congress it should make regulations for crypto but leave compliance up to the software developers.Hoskinson likened the ideal arrangement for crypto regulation to the way banking self-regulation works during a June 23 congressional hearing, telling legislators “it’s not the SEC or the CFTC going out there doing KYC-AML, it’s banks.”“It’s a public-private partnership. What needs....
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Crypto regulation is still a hot topic in Congress. Talks of putting regulations are still underway in the House. With either side trying to swing the consensus for or against crypto. One of the senators who wants favorable crypto regulation is Senator Cynthia Lummis. Lummis has always been vocal about her support for cryptocurrencies. The […]
Charles Hoskinson, a famous American software developer, founder of Cardano (ADA), Co-founder of Ethereum, and a successful entrepreneur, defended fame as an arrogant crypto space debater. In Germany, Charles Hoskinson had already criticized IOTA, cryptocurrency, almost twelve months ago and impeached IOTA for false reporting on the subject matter “freedom from fees.” Related Readings | […]
The Crypto for Congress initiative has launched. All members of Congress will be given bitcoin as campaign contributions to help them learn about cryptocurrency. The initiative is supported by Congressional Blockchain Caucus members, including pro-crypto Representatives Darren Soto and Tom Emmer. Each Congress Member Receiving Bitcoin Contribution The “Crypto for Congress” initiative has launched, the Chamber of Digital Commerce announced Monday. “Today, all members of the United States Congress will receive a campaign contribution in bitcoin” as part of this....
A group of eight crypto policy organizations has urged US Congress leaders to support a recently re-introduced bill to protect software developers by including it in market structure legislation. Related Reading: Trump Family To ‘Legally Challenge’ Magic Eden’s ‘Official’ Crypto Wallet – Report Crypto Policy Groups Seek Software Developers’ Protection On Thursday, eight crypto policy […]
Charles Hoskinson, the founder of Cardano blockchain, is perhaps one of the most controversial individuals in the crypto ecosystem. In his own words, Hoskinson has previously said ‘I’m kind of polarizing. People either like me or they hate me. There’s not a lot of people in between.’ The 34-year old serial entrepreneur took an interest […]