Cardano founder Charles Hoskinson has criticized former President Donald Trump's involvement in cryptocurrency projects, including a meme coin and the World Free Finance initiative. Hoskinson expressed concerns that these ventures could politicize the crypto industry, potentially hindering bipartisan efforts for effective government regulation.
Additionally, Hoskinson voiced opposition to the U.S. government's plan to establish a strategic Bitcoin reserve, cautioning against favoritism towards specific cryptocurrencies. He revealed that he was uninvited from a Trump meeting after his public criticisms and highlighted the industry's tendency to remain silent to preserve political influence.
Cardano's Hoskinson Criticizes Trump's Crypto Ventures, Warns of Political Risks
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