Cardano 
$0.438393‘s founder, Charles Hoskinson, announced that he will contribute to shaping crypto legislation by collaborating with the administration of former US President Donald Trump. The goal is to create clear regulatory frameworks for the cryptocurrency industry, which has long been plagued with uncertainties.
Bipartisan Support is Important
Hoskinson emphasized that bipartisan support is necessary for crypto-friendly policies to be implemented. Cardano, Bitcoin 
$76,601 Along with leading blockchain networks such as , it is subject to constant regulatory scrutiny from the United States.
Hoskinson stated that Input Output Global (IOG), the company he founded, will open a special policy office that will focus on crypto regulations. This office will cover regulations such as the Financial Innovation and Technology for the 21st Century Act (FIT21) and the Responsible Financial Innovation Act (RFIA).
“I will work with administrators to create a bill that will have bipartisan support,” Hoskinson said.
Increasing Support in Parliament
Cardano’s founder noted that the FIT21 bill has the support of more than 60 Democratic members in the House, demonstrating bipartisan support for crypto legislation.
According to Hoskinson, regulatory clarity can be provided to the crypto industry with the support of the Republican-controlled Senate and House, as well as the presidency. “This is the greatest clarity opportunity in the history of the industry,” he added.
A Critical Step for the Future
These statements by Hoskinson reveal the importance of political cooperation for the crypto industry to grow in a safer and more orderly environment. This move by IOG may be an important factor in shaping future regulations.
Reducing regulatory uncertainty in the crypto market could open the door to innovative projects and investments.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
