Following reports that Donald TRUMP’S team is considering creating a dedicated cryptocurrency policy position in the White House, Cardano (ADA) founder and leading voice in the blockchain space Charles HOSKINSON has joined the conversation. Hoskinson has expressed support for the idea and nominated Coinbase CEO Brian ARMSTRONG for the position, citing his leadership and fortitude in navigating the U.S. regulatory environment.
In a public statement, Hoskinson said that impartiality and experience are important for the potential role. Hoskinson cited Armstrong’s experience at Coinbase, a leading cryptocurrency exchange that has faced regulatory challenges under the Biden administration, as evidence of his suitability for the role. Hoskinson noted the need for the crypto industry to unite to collaborate with the U.S. government and advance comprehensive regulatory reform.
Hoskinson described the potential creation of a White House crypto specialist position as a turning point for the industry. He emphasized that the president’s goal is to make America the best place in the world to start and run a crypto and blockchain business. For that to happen, it is necessary to unite as an industry.
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