PANews|1月 13, 2026 01:29
**[Cardano Founder Questions Progress of the CLARITY Act, Urges Trump Administration’s “Crypto Czar” to Resign]**
According to Cryptopolitan, Cardano founder Charles Hoskinson expressed doubts in an interview about the likelihood of the U.S. Digital Asset Market Clarity Act (CLARITY Act) being passed in the first quarter of 2026. He also called for the resignation of David Sacks, the Trump administration’s cryptocurrency affairs chief. Hoskinson pointed out that since Sacks assumed the role at the end of 2024, cryptocurrency prices have declined, regulatory clarity has been lacking, and the industry has failed to establish a solid foundation for growth.
He stated that if the act fails to pass this quarter, Sacks should resign, accusing him of “letting down the entire industry.” Hoskinson further noted that if the Democrats regain control of the House in the November midterm elections, the act would be even less likely to pass. He criticized current U.S. crypto policies for favoring large financial institutions over retail investors and for centralizing the industry around Wall Street entities such as BlackRock, Goldman Sachs, and Morgan Stanley.
Additionally, Hoskinson reiterated that Trump-related cryptocurrency projects have caused market disruption, emphasizing that cryptocurrencies should remain global and neutral rather than being nationalized or politicized. He advocated for the U.S. to establish enduring crypto regulations that do not stifle innovation, even if this requires more time.
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