Cardano Founder Charles Hoskinson Praises New U.S. Crypto Market Structure Bill

Hoskinson said the proposed U.S. legislation is a major improvement and credited Senator Tim Scott and other lawmakers working to refine it.

Summary

Cardano founder Charles Hoskinson said a new U.S. crypto market structure bill represents a significant improvement, signaling support for a legislative effort aimed at shaping how digital asset markets are governed in the United States. He specifically praised Senator Tim Scott and other lawmakers involved in advancing and improving the proposal. Market structure bills are important to the crypto industry because they can define which regulators oversee digital assets, how trading venues and issuers are treated, and what compliance standards apply across the sector.

Terms & Concepts
  • Market structure bill: Legislation that sets rules for how financial or crypto markets are organized, supervised, and regulated.
  • Digital assets: Blockchain-based assets such as cryptocurrencies or tokens that can be transferred and recorded electronically.
  • Cardano: A blockchain network designed to support smart contracts (self-executing blockchain code) and decentralized applications.