Cardano founder Charles Hoskinson has warned that voting for Joe Biden would be considered a vote against the American cryptocurrency industry.
“A vote for Biden is a vote against the American cryptocurrency industry,” said Charles Hoskinson in a video that lashed the White House for its ongoing treatment of crypto in the United States.
In a May 9 video posted to X, Hoskinson said it was “unambiguously clear” the Biden administration is trying its best to “destroy the American cryptocurrency industry.” The White House claimed nullifying SAB 121 would hinder the SEC’s ability to “protect investors in crypto-asset markets and to safeguard the broader financial system.”Additionally, Hoskinson lashed out at the SEC for leveraging antiquated legislation that he said shouldn’t apply to new and emerging asset classes.
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