Charles Hoskinson, the founder of Cardano, is planning to meet with Democratic Senators, including John Fetterman from Pennsylvania. In doing so, the former Ethereum developer hopes to get support from both political parties for new crypto regulations.
Why Hoskinson is Meeting Fetterman
Hoskinson believes that cryptocurrency can benefit from support across party lines. His decision to meet Fetterman follows the senator’s recent comments pushing back against extreme views within his party. Fetterman defended Trump voters in Pennsylvania, saying, “A lot of Democrats, especially in my state, that I know and I happen to love, people that [voted] for Trump, and they are not fascists.”
Cardano founder Charles Hoskinson expressed interest in meeting with Senator Fetterman. Source: XHoskinson praised Fetterman’s opinion, saying these are the types of Democrats who could help make crypto a bipartisan issue. He believes leaders like Fetterman are open-minded and willing to listen to new ideas.
Hoskinson Slammed Biden and Warren’s Anti-crypto “Deal”
The Biden administration and Senator Elizabeth Warren have strongly opposed cryptocurrency regulations. Warren, in particular, has been vocal in criticizing the industry. Charles Hoskinson argues that this opposition makes it harder for crypto companies to grow and innovate.
Hoskinson has openly criticized the “anti-crypto deal” between Biden and Warren. He believes this approach blocks legitimate businesses from participating in the financial system.
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Hoskinson Pushes for Global Collaboration on Crypto
Charles Hoskinson is not just relying on meetings to drive change. In November, he launched Operation Baseline, a campaign that focuses on finding problems in the U.S. crypto market and suggesting laws to fix them. Hoskinson also introduced the idea of a “Bill of Rights” for crypto users. This proposal focuses on protecting consumers, ensuring fair taxes, and clearly defining how digital assets should be classified.
Hoskinson’s efforts go beyond Capitol Hill. He previously suggested that if Trump returns to office, Coinbase CEO Brian Armstrong could serve as a “Crypto Czar” in the White House. Hoskinson believes Armstrong could help unite the divided crypto industry and represent it in Washington. However, this plan didn’t move forward, as Trump appointed David Sacks chairman of the Crypto Czar.
Hoskinson is known for speaking his mind, which sometimes attracts criticism. Some have called Cardano a “zombie chain,” suggesting that the platform doesn’t have as much activity as competitors like Ethereum or Solana. Hoskinson dismisses these critics, often calling them the “paint chip brigade.”
Earlier this year, Charles Hoskinson ran a Twitter poll asking if he was “cancer for Cardano.” Over 50,000 people voted, and 51.6% said yes. Instead of ignoring the results, Hoskinson used them to engage more with the crypto community.
Hoskinson’s Ventures Extend Beyond Blockchain
The Cardano founder’s interests extend far beyond cryptocurrency. He invests in futuristic projects, such as glow-in-the-dark plants and research on extraterrestrial life. He also collaborates with global leaders, such as Argentine President Javier Milei, to explore how blockchain technology can improve government systems.
Hoskinson believes the U.S. should follow the lead of countries like Switzerland and Singapore in creating clearer crypto regulations. “Crypto isn’t a Republican issue. It’s an American and global issue,” he said. Hoskinson emphasizes that cooperation across parties is necessary to help the crypto industry grow.
