Growing tensions in the US policy debate over crypto regulation came into focus as the Cardano founder criticized Ripple’s leadership and the Digital Asset MarketGrowing tensions in the US policy debate over crypto regulation came into focus as the Cardano founder criticized Ripple’s leadership and the Digital Asset Market

Cardano founder clash with Ripple CEO exposes deep rift over Digital Asset Market Clarity Act

cardano founder

Growing tensions in the US policy debate over crypto regulation came into focus as the Cardano founder criticized Ripple’s leadership and the Digital Asset Market Clarity Act.

Cardano founder Charles Hoskinson takes aim at Brad Garlinghouse

Input Output Global CEO Charles Hoskinson has sharply criticized Ripple chief executive Brad Garlinghouse over his backing of the Digital Asset Market Clarity Act, also known as the CLARITY Act. However, Hoskinson framed his criticism as disagreement over strategy rather than motives.

Hoskinson acknowledged that Garlinghouse is acting from what he sees as genuine conviction. “He’s being principled. That’s genuine passion and concern. He got into the space as a cypherpunk from the early days. He’s trying to support what this technology was meant to be about and for,” he said, stressing Garlinghouse’s early crypto roots.

Some members of the XRP community have attacked Hoskinson for supposedly “crashing out,” arguing he is undermining regulatory progress. However, others within that same community have backed his skeptical stance, reflecting how divided industry opinion has become on the bill’s merits.

Fears the bill will not survive the current political climate

Despite Garlinghouse’s endorsement, the Cardano founder remains deeply doubtful that the CLARITY Act can pass in the current Washington environment. Moreover, Hoskinson has repeatedly warned that the “window” for securing bipartisan agreement on digital asset rules is closing fast.

He is not confident that the legislation will advance this quarter, underscoring what he sees as both political missteps and deteriorating support. That said, he has not questioned the need for clearer US rules, only the way this particular bill has been handled.

Hoskinson has focused his ire on David Sacks, whom he labels the Trump administration’s “Crypto Czar”. According to Hoskinson, Sacks mishandled the political rollout of the bill and bears responsibility if it ultimately fails to reach the finish line in Congress.

In Hoskinson’s view, the bill enjoyed a realistic path forward until the launch of a Trump-branded meme coin allegedly linked to the White House. However, he argues that this meme token instantly turned crypto regulation into a partisan issue, eroding the bipartisan coalition that negotiators needed.

Hoskinson has gone as far as to say that if the David Sacks crypto czar figure cannot steer the legislation to passage after this controversy, he should resign from his crypto policy role. Moreover, Hoskinson portrays this failure as emblematic of broader political mismanagement around digital assets.

Garlinghouse positions himself as a regulatory optimist

While Hoskinson doubts the bill will pass, Garlinghouse has emerged as one of its most vocal champions among large industry leaders. The Brad Garlinghouse support bill stance places him at odds with more skeptical executives who either oppose the proposal or question its political viability.

Garlinghouse has argued that an imperfect framework is preferable to the current vacuum in US rules. Moreover, he has cast himself as the bill’s “optimist” in contrast to Coinbase CEO Brian Armstrong, who opposed the measure, and Hoskinson, who doubts it can make it through.

For Garlinghouse, the industry imperfect bill debate misses a central point: waiting for a flawless statute means accepting ongoing regulatory uncertainty. He maintains that establishing any statutory framework, even one that may require future amendments, would still mark a meaningful victory for the sector.

A divided industry watches Washington

The exchange between Hoskinson and Garlinghouse underscores how crypto policy has become more polarized as lawmakers weigh the digital asset clarity act. However, both sides agree that the stakes for US market structure, investor protection and innovation are significant.

At the same time, Hoskinson’s criticism that a White House meme coin has complicated negotiations highlights how symbolic political moves can reshape legislative math. That said, whether the CLARITY Act can recover bipartisan support remains uncertain as the quarter progresses.

In summary, Hoskinson’s public challenge, Sacks’s contested role and Garlinghouse’s advocacy all reveal an industry struggling to influence policy while navigating mounting partisan risks in Washington.

Market Opportunity
The AI Prophecy Logo
The AI Prophecy Price(ACT)
$0.02345
$0.02345$0.02345
-1.55%
USD
The AI Prophecy (ACT) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Let insiders trade – Blockworks

Let insiders trade – Blockworks

The post Let insiders trade – Blockworks appeared on BitcoinEthereumNews.com. This is a segment from The Breakdown newsletter. To read more editions, subscribe ​​“The most valuable commodity I know of is information.” — Gordon Gekko, Wall Street Ten months ago, FBI agents raided Shayne Coplan’s Manhattan apartment, ostensibly in search of evidence that the prediction market he founded, Polymarket, had illegally allowed US residents to place bets on the US election. Two weeks ago, the CFTC gave Polymarket the green light to allow those very same US residents to place bets on whatever they like. This is quite the turn of events — and it’s not just about elections or politics. With its US government seal of approval in hand, Polymarket is reportedly raising capital at a valuation of $9 billion — a reflection of the growing belief that prediction markets will be used for much more than betting on elections once every four years. Instead, proponents say prediction markets can provide a real service to the world by providing it with better information about nearly everything. I think they might, too — but only if insiders are free to participate. Yesterday, for example, Polymarket announced new betting markets on company earnings reports, with a promise that it would improve the information that investors have to work with.  Instead of waiting three months to find out how a company is faring, investors could simply watch the odds on Polymarket.  If the probability of an earnings beat is rising, for example, investors would know at a glance that things are going well. But that will only happen if enough of the people betting actually know how things are going. Relying on the wisdom of crowds to magically discern how a business is doing won’t add much incremental knowledge to the world; everyone’s guesses are unlikely to average out to the truth. If…
Share
BitcoinEthereumNews2025/09/18 05:16
ZKP Might Be The Next 100x Crypto You Should Watch While ETH Demand Builds, & XRP Stalls in January

ZKP Might Be The Next 100x Crypto You Should Watch While ETH Demand Builds, & XRP Stalls in January

Ethereum price today rises as transactions surge, XRP price consolidates near support, and ZKP’s privacy-first AI design and presale auction create early positioning
Share
coinlineup2026/01/20 09:00
XMR Leads Privacy Rally, SOL Tests Key Resistance, but Experts Say ZKP Crypto Has 600x Breakout Potential

XMR Leads Privacy Rally, SOL Tests Key Resistance, but Experts Say ZKP Crypto Has 600x Breakout Potential

This month, Monero is reclaiming its privacy crown, Solana is testing key technical levels, and Zero Knowledge Proof is quietly building the kind of infrastructure
Share
Coinstats2026/01/20 09:00