Charles Hoskinson, the founder of Cardano, is working to build bipartisan support for new cryptocurrency regulations by engaging with Democratic Senators, including John Fetterman.
Hoskinson's efforts come in response to increasing scrutiny and opposition from certain political factions, such as the Biden administration and Senator Elizabeth Warren.
He believes that cryptocurrency can thrive with support from both sides of the political aisle and aims to transform it into a bipartisan issue.
Hoskinson has criticized the current administration's approach to crypto regulation, arguing that it stifles innovation and growth.
He has launched initiatives like Operation Baseline and a "Bill of Rights" for crypto users to address the challenges posed by the regulatory landscape.
Hoskinson also advocates for global collaboration in the crypto space and looks to countries like Switzerland and Singapore as examples.
He remains engaged with the crypto community and seeks to unify the industry.
The outcome of Hoskinson's meetings with Senators could significantly impact the regulatory framework for digital assets in the U.S.