Lawmakers Pursue Total Crypto Ban, Warns Cardano Founder

Charles Hoskinson, founder of Cardano and CEO of Input Output Global (IOG), has sounded the alarm about lawmakers' attempts to damage or destroy the cryptocurrency industry.

Hoskinson claims that certain policymakers are pushing for a complete ban on all cryptocurrencies and blockchain technology, with no willingness to compromise.

He notes that Cardano was once the third-largest cryptocurrency by market capitalization despite limited attention from parts of the Ethereum community.