Intent of Biden Administration Is “To Destroy the American Cryptocurrency Industry”, Says Charles Hokskinson

As a researcher with extensive experience in the blockchain and cryptocurrency industry, I find Charles Hoskinson’s concerns regarding the Biden administration’s approach to cryptocurrency regulation both timely and pertinent. Having closely followed the developments in this space for years, I can relate to his apprehensions about potential regulatory overreach and its impact on innovation.


On May 8th, Charles Hoskinson, the Co-Founder and CEO of Input Output Global (IOG), shared his worries about the Biden administration’s stance on cryptocurrency regulation during a YouTube video titled “Biden and Crypto.” He brought attention to several significant concerns affecting the US cryptocurrency sector, with a focus on regulatory frameworks and prospective laws:

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2024-05-09 17:20