Cardano Soars 32% Amid Buzz Around Hoskinson As Trump’s Crypto Advisor
After Donald Trump's victory in the US elections, there is speculation that Charles Hoskinson, the founder of Cardano, could be appointed to a key government role overseeing digital currency policies. Hoskinson confirmed his interest in serving as a presidential advisor on crypto legislation and expressed a willingness to collaborate with the new administration.
He aims to establish a policy division for crypto regulations through his company, Input Output Global (IOG), and work on bipartisan legislation with lawmakers and officials. Hoskinson believes this is the best opportunity for the cryptocurrency industry to gain legal clarity and emphasized the need for rules that facilitate innovation within the law. Speculation about his potential role has contributed to a surge in Cardano's price, with the digital currency experiencing significant growth.
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