Foreign media: Cardano founder confirms that he will work with the Trump administration to develop crypto legislation

Odaily News Cardano founder Charles Hoskinson has confirmed plans to work with the US government under Trump to help develop cryptocurrency legislation. The goal is to create a clear regulatory framework for the cryptocurrency industry, which has faced uncertainty and regulatory challenges for years. Hoskinson unveiled the plans in a recent speech, saying that developing positive policies regarding cryptocurrencies requires support from both Democrats and Republicans. He said his company Input Output Global (IOG) will set up a separate policy department for cryptocurrency regulation. The office will focus on developing a legislative framework that incorporates the provisions of the 21st Century Financial Innovation and Technology Act (FIT21) and the Responsible Financial Innovation Act (RFIA). He added: "I will work with lawmakers and the administration to push for a bipartisan bill to be passed." (CoinGape)