Charles Hoskinson, founder of Cardano, has addressed rumors regarding his potential ties to the White House.
Hoskinson clarified that any informal meetings should not be misconstrued as conferring 'magic new powers' and emphasized that no crypto-related appointments were coming from the executive branch.
Hoskinson outlined his vision for an unprecedented overhaul of the US crypto regulatory landscape, which includes legislative initiatives and integration of traditional finance and decentralized digital assets.
He believes that the proposed reforms could drive significant economic growth and bring about the widespread adoption and integration of cryptocurrency capabilities into everyday devices.