ADA Founder: Willing to cooperate with Trump administration in formulating cryptocurrency legislatio

According to CoinGape, ADA (Cardono) founder Charles Hoskinson expressed his willingness to cooperate with the US government under Trump's leadership to help formulate cryptocurrency legislation. The goal is to create a clear regulatory framework for the cryptocurrency industry.

Hoskinson announced these plans in a recent speech and stated that formulating positive policies on cryptocurrencies requires support from both Democrats and Republicans. His company, Input Output Global (IOG), will set up a separate policy department for cryptocurrency regulation. This office will focus on creating a legislative framework that incorporates provisions of the "21st Century Financial Innovation and Technology Act" (FIT21) and the "Responsible Financial Innovation Act" (RFIA). He added: “I will work with legislators and governments to promote bipartisan bill approval.”