Charles Hoskinson, founder of IOG (the entity behind Cardano), announced his return from a break on X with some exciting news. The native token of the Cardano ecosystem, ADA, gained over 30% in a single day, reaching a multi-month peak of almost $0.6. Hoskinson said he will spend time in 2025 working with US policymakers to create a more comprehensive and favorable regulatory framework for the digital asset industry.
IOG will make internal changes to support this effort, including moving personnel and establishing an office dedicated to helping establish crypto legislation.
