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Hoskinson Urges Crypto Industry to Move Past Legislation, Eyes RealFi Launch

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Cardano founder Charles Hoskinson has urged the crypto industry to move past stalled legislation efforts and focus on adoption. In a recent recording, he argued that the failure of the US crypto market structure bill marks the end of such efforts in the Senate for 2026.

Hoskinson also emphasized the need for a step-by-step approach to regulation, encouraging the industry to continue building and bringing users into crypto. He noted that Cardano is among the assets he considers commodities, alongside Bitcoin and XRP.

The comments come as RealFi, a Cardano-based project, targets an October 1 mainnet launch. The project's reserve-backed dollar instrument aims to use liquid assets such as tokenized money-market funds and liquid AAA-collateralized loan obligation ETFs.

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