“A vote for Biden is a vote against the American cryptocurrency industry,” said Charles Hoskinson in a video that lashed the White House for its ongoing treatment of crypto in the United States.
Cardano founder Charles Hoskinson has lashed out at United States President Joe Biden, claiming that he’s making a concerted effort to kill the crypto industry in the United States.
In a May 9 video posted to X, Hoskinson said it was “unambiguously clear” the Biden administration is trying its best to “destroy the American cryptocurrency industry.”
He said that over the past few years, the U.S. government had “hurt [the crypto] industry in every way possible,” citing the restricted access to bank accounts, the Securities and Exchange Commission's policy of regulation by enforcement — and most recently — the White House "obstructing" the legislative process.