Cardano (ADA) Founder Advances Multi-Pronged Push for US Crypto Regulation

• Cardano’s Hoskinson advances US crypto regulation efforts
• Reveals meetings with senators and industry leaders
• Targets a comprehensive framework within 60-90 days

Cardano founder Charles Hoskinson has revealed significant progress in his efforts to establish comprehensive cryptocurrency regulations in the United States.

During a November 17 surprise AMA session, Hoskinson detailed recent meetings with government officials and industry leaders aimed at creating a workable regulatory framework.

Cardano Key Industry Collaborations Emerge

The initiative has gained momentum through strategic partnerships within the crypto space. Hoskinson confirmed direct conversations with Ripple CEO Brad Garlinghouse and efforts to engage Hedera co-founder Leemon Baird in the regulatory dialogue.

“We’ve found great partners in this push for regulatory clarity,” Hoskinson stated during the AMA. “The next 60-90 days will be crucial for bringing these efforts together.”

The proposed framework aims to address multiple aspects of crypto governance, including asset classification, custody standards, and tax clarity. Hoskinson emphasized studying successful models from Switzerland, Singapore, and the UAE to position America as the global cryptocurrency leader.

“We’re exploring every avenue – from administrative changes to executive orders and new legislation,” Hoskinson explained. “Our goal is to create a regulatory environment that surpasses other jurisdictions.”

The initiative targets resolving ongoing conflicts with the SEC regarding asset classification, particularly concerning tokens like XRP, Solana, and Cardano. Hoskinson projects the regulatory clarity would establish a multi-trillion-dollar industry within the United States.

In a separate development, Hoskinson dismissed circulating rumors about an upcoming appearance on the Joe Rogan Experience podcast. Through a tweet, he urged the community to await official announcements rather than spread unverified information.

“I have no scheduled appearance on the show,” Hoskinson clarified. “If such plans materialize, I’ll be the first to announce it.”