A key figure in the cryptocurrency sector is on a mission to push for a bipartisan crypto policy that would redefine regulations governing digital assets. founder of cardano Carlos Hoskinson will speak with Senator John Fetterman and other Democratic senators to push for the development and establishment of policies that match the circumstances surrounding cryptocurrencies.
Crypto: a bipartisan issue
The founder of Cardano explained that cryptocurrency It may become a bipartisan issue if it involves Democratic senators next year.
“Cryptocurrencies are not a Republican issue. It is an American and global problem. Only by bringing everyone together can we move to the next level,” Hoskinson said in a post.
The cryptocurrency founder’s approach is to encourage both Republican and Democratic lawmakers to stop fighting each other, saying both sides should collaborate and thoroughly examine what cryptocurrencies can do for the country.
When people ask how do we make cryptocurrency a bipartisan issue, these are the Democrats we should talk to next year. I will meet with Senator Fetterman’s people and people like him. Many in leadership positions felt that Warren and Biden had made a mistake on cryptocurrencies, and now is the time to bring…
—Charles Hoskinson (@IOHK_Charles) December 22, 2024
Talk to Senator Fetterman
Hoskinson said that one of the Democratic senators he plans to talk to about bipartisan crypto policy is Senator John Fetterman of Pennsylvania.
“I will be meeting with Senator Fetterman’s people and people like him,” Hoskinson said in his X post.
Fetterman has made headlines after explaining why Donald Trump won the recent US election.
In an interview, the Democratic legislator believes that Trump emerged triumphant in the last election because he was seen as a protector of the American way of life, adding: “Trump is not a fascist as Kamala Harris claimed.”
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“Many Democrats, especially in my state, who I know and love people who [voted] for Trump and they are not fascists,” Fetterman said.
He argued that Americans decided to go for the candidate they perceived would protect and project their version of the American way of life.
Hoskinson noted that the senator is the kind of leader crypto needs, leaders who are willing to challenge partisan lines and think differently.
He Cardano The founder argued that cryptocurrencies are victims of the political crossfire of the Biden administration and some US policymakers such as Elizabeth Warren’s tough stance against the crypto sector.
Cryptocurrency User Bill of Rights
Hoskinson also advocates for a “Bill of Rights” for cryptocurrency users, a proposal he plans to push.
He explained that the suggested “Bill of Rights” would focus on consumer protection, fair taxation and clear asset classification.
Additionally, the cryptocurrency founder started a campaign he dubbed “Operation Baseline,” saying that the campaign aims to identify inefficiencies in the cryptocurrency market in the country and draft legislation that addresses these inefficiencies.
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