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Hoskinson Considers Private Cardano Stablecoin

  • Charles Hoskinson is considering creating a private Cardano stablecoin in anticipation of the end of privacy in crypto payments in the EU and US.
  • The proposed stablecoin aims to ensure regulatory compliance through a selective disclosure mechanism, without resembling privacy-focused cryptocurrencies like Monero.
  • Hoskinson views the demand for financial privacy as persistent despite emerging regulatory restrictions on private digital assets.
  • The potential creation of a Cardano stablecoin remains in the conceptual stage, with uncertainties regarding disclosure policies and regulatory impacts.

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