Charles Hoskinson, the founder of Cardano, has suggested that Coinbase CEO Brian Armstrong could be a top candidate for the proposed crypto policy role in Donald Trump’s second administration. Hoskinson outlined key qualifications for a “Crypto-Czar” and criticized the current administration’s regulatory missteps in the crypto sector.
He believes that Armstrong’s experience at Coinbase, his resilience in navigating government’s regulatory challenges, and his ability to unite the industry and spearhead legislative progress make him an ideal candidate for the role. While Hoskinson suggests Armstrong for the position, others in the crypto community have suggested candidates such as pro-XRP attorney John Deaton.
Hoskinson has also detailed his plans to support legislative efforts for the crypto industry and aims to work closely with Congress to address federal overreach and establish regulations that attract traditional industries to blockchain. His company Input Output’s Policy initiative will launch “Operation Baseline,” a project to survey the US crypto landscape, identify inefficiencies, and propose actionable policies to ensure clear objectives for regulatory reforms.
