PANews reported on January 13th that, according to Cryptopolitan, Cardano founder Charles Hoskinson expressed doubt in an interview that the U.S. Digital Asset PANews reported on January 13th that, according to Cryptopolitan, Cardano founder Charles Hoskinson expressed doubt in an interview that the U.S. Digital Asset

Cardano's founder questions the progress of the CLARITY Act and urges the Trump administration's "crypto czar" to resign.

2026/01/13 09:28

PANews reported on January 13th that, according to Cryptopolitan, Cardano founder Charles Hoskinson expressed doubt in an interview that the U.S. Digital Asset Markets Clarity Act (CLARITY Act) would pass in the first quarter of 2026, and called for the resignation of David Sacks, the Trump administration's head of cryptocurrency affairs. Hoskinson pointed out that since Sacks took the position in late 2024, cryptocurrency prices have fallen, regulations have lacked clarity, and the industry has failed to build a solid foundation for development.

He believes Sacks should resign if the bill fails to pass this quarter, calling him a "disappointment to the entire industry." Hoskinson also stated that the bill would be even less likely to pass if Democrats regain control of the House in the November midterm elections. He criticized current US crypto policy for favoring large financial institutions over retail investors and centralizing the industry in Wall Street firms like BlackRock, Goldman Sachs, and Morgan Stanley. Furthermore, Hoskinson reiterated that Trump-related cryptocurrency projects have caused market chaos, emphasizing that cryptocurrencies should remain global and neutral, not nationalized or politicized. He advocates for lasting and unrestrictive crypto regulations in the US, even if it takes longer.

Market Opportunity
The AI Prophecy Logo
The AI Prophecy Price(ACT)
$0.02435
$0.02435$0.02435
+1.71%
USD
The AI Prophecy (ACT) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Washington Faces New Dilemma Over Venezuela’s Alleged BTC Reserves

Washington Faces New Dilemma Over Venezuela’s Alleged BTC Reserves

The issue surfaced after the dramatic removal of Venezuela’s longtime leader, Nicolás Maduro, who was captured by U.S. forces and […] The post Washington Faces
Share
Coindoo2026/01/13 10:14
Tech CEOs pressured as Trump tightens grip on private firms

Tech CEOs pressured as Trump tightens grip on private firms

Intel shares blew through the roof Thursday after Nvidia dropped $5 billion into the struggling chipmaker, handing Donald Trump a fresh $4.9 billion paper gain tied to a government stake he pushed through weeks earlier. The rally, which is by the way Intel’s biggest one-day surge in nearly 40 years, shot the stock to $31.79 […]
Share
Cryptopolitan2025/09/19 02:00
Warsaw Stock Exchange debuts first Bitcoin ETF in Poland

Warsaw Stock Exchange debuts first Bitcoin ETF in Poland

The post Warsaw Stock Exchange debuts first Bitcoin ETF in Poland appeared on BitcoinEthereumNews.com. Key Takeaways The Warsaw Stock Exchange has launched Poland’s first Bitcoin ETF, providing a regulated and accessible way for Polish investors to gain exposure to Bitcoin. This move may help foster additional cryptocurrency products regionally. The Warsaw Stock Exchange launched Poland’s first Bitcoin exchange-traded fund, marking a milestone in Eastern Europe’s cryptocurrency adoption. The ETF allows Polish investors to gain Bitcoin exposure through standard brokerage accounts. The launch follows a global trend that began with Bitcoin ETF approvals in Canada in 2021 and the U.S. in 2024. In established markets, daily inflows often exceed thousands of Bitcoin, signaling broader mainstream integration. Bitcoin ETFs are regulated investment funds that track the digital asset’s price through derivatives like futures contracts, enabling indirect exposure for traditional investors without requiring direct crypto custody. Poland, with a population of about 38 million, has increasingly embraced fintech and digital assets. Bitcoin maintains a market cap exceeding $2 trillion. Source: https://cryptobriefing.com/warsaw-stock-exchange-bitcoin-etf-poland/
Share
BitcoinEthereumNews2025/09/19 06:46