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US Crypto Legislative Path Clear, Leadership Still in Limbo— Cardano’s Charles Hoskinson

Published
Prashant Jha
Published
By Prashant Jha
Edited by Insha Zia

Key Takeaways

  • Charles Hoskinson sees clarity in the U.S. crypto legislative direction but uncertainty over executive leadership.
  • He emphasized that the real challenge lies in the scope, not the passage, of crypto regulations.
  • The Cardano founder has met with several senators and members of President Trump’s transition team to discuss crypto policy.

Cardano founder Charles Hoskinson believes that the U.S. is on a clear legislative path toward pro-crypto regulation. However, he remains uncertain about the leadership that will shape these changes.

In an interview with Bloomberg , Hoskinson shared insights on the future of U.S. crypto regulation under President-elect Donald Trump’s administration.

While he is confident that the legislative side of crypto policy is becoming more defined, the executive side remains in flux, particularly concerning leadership roles.

Trump Administration’s Pro-Crypto Stance

According to the Cardano founder, the Trump administration is committed to establishing a regulatory framework that supports the crypto industry. However, the key question remains: Who will lead this effort?

Hoskinson noted that the administration clearly wants to push pro-crypto regulations. However, lawmakers responsible for enacting and overseeing these changes are still being determined.

“I’ve talked to numerous senators in the banking sector, figuring out how the regulations would work,” Hoskinson said. “I also spoke to several members of the transition team about what they want to do with the crypto committee. It’s not exactly how it’s set up on the executive side.”

Hoskinson believes that much of the regulation will fall under the Treasury Department’s purview, but decisions about which specific roles will be involved remain unresolved.

Crypto Committee and Classification of Assets

Hoskinson pointed to the growing conversation around the creation of a dedicated crypto committee within the White House.

Though the structure and function of this committee are still being finalized , it could provide clarity on crypto regulations.

One of the pressing issues under discussion is the classification of crypto assets—whether they will be considered securities or non-securities.

This decision could set the tone for broader regulatory frameworks.

While Hoskinson is optimistic about the potential for clearer regulations, he acknowledged that the real challenge lies in the scope of these laws.

He explained that, given the diversity of the crypto space, the scope of regulation will be vital.

“There’s a broad room of things that cryptocurrencies can touch. The more ambitious you are, the more you can get done. The problem is the higher the probability it gets jammed up through either administrative issues or it just doesn’t pass the committee and the lawmaking process,” Hoskinson noted.

A Pro-Crypto Future

Hoskinson is hopeful that the incoming administration will facilitate a much-needed overhaul of crypto regulations.

While much of the policy is still in its early stages, he believes that, in time, the public will have a clearer idea of how the new committee will function and how the regulatory framework will evolve.

The Cardano founder also underscored that crypto’s global nature means that U.S. regulators will need to take a broader, more inclusive approach to regulation—one that can balance innovation with security.

With just a few months before President Trump takes office, the crypto community is watching closely, hopeful that his administration will bring much-needed clarity and fairness to the industry.

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Prashant Jha is a crypto-journalist focused on the US and UK markets, his interests lie in blockchain technology and crypto adoption across emerging economies.
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