Image Credit: The Economic Times

Jan 16, 2024

Charles Hoskinson Backs Vivek Ramaswamy's Crypto Rights Bill

By: Bhumi Shrivastava

Charles Hoskinson lends his support to Vivek Ramaswamy's "Crypto Bill of Rights."

Endorsement by Cardano Founder

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The plan focuses on limiting crypto regulation to laws explicitly passed by Congress.

Congressional Regulation Emphasis

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Aiming to safeguard crypto innovation, the proposal seeks a balanced regulatory approach.

Innovation Protection

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Ramaswamy advocates classifying most crypto assets as commodities, akin to stocks or gold.

Commodity Classification

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The proposed shift in regulations could empower the crypto industry to thrive and innovate.

Empowering the Crypto Industry

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The potential change in the regulatory landscape holds promise for fostering further development within the crypto space.

Fostering Development

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If implemented, the 'Crypto Bill of Rights' could have a significant impact on how the crypto industry is regulated and evolves.

Industry-Wide Impact

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