Cardano founder criticizes Trump's cryptocurrency policies for damaging industry prospects

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Golden Finance reports that Cardano founder Charles Hoskinson recently stated in an interview that Trump’s launch of personal meme coins is disappointing. This move has turned cryptocurrencies into a partisan issue, undermining the bipartisan cooperation momentum in Congress. Hoskinson criticized Trump for launching meme coins and the global free financial project before returning to the White House, which blurs the line between policy and personal interests. He also opposed Trump’s proposed strategic crypto reserve plan that includes Bitcoin, Ethereum, and other cryptocurrencies, believing that the government should not interfere in the market to choose winners. Hoskinson revealed that due to his public criticism of these policies, he was excluded from a private dinner with the president and lost the opportunity to participate in the legislative process.

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