Charles Hoskinson slams Trump’s crypto policy as 'extractive,' warns of industry fallout

Charles Hoskinson, the co-founder of Cardano and a prominent figure in the cryptocurrency space, has expressed strong criticism of former President Donald Trump's cryptocurrency policy, labeling it as "extractive." He argues that this approach could have negative consequences for the industry as a whole, warning that such policies might stifle innovation and lead to unfavorable conditions for businesses and investors in the rapidly evolving crypto landscape. Hoskinson emphasizes the need for more balanced and supportive regulatory frameworks that encourage growth and development rather than impose burdens that could jeopardize the future of digital currencies and blockchain technology. source: https://www.coindesk.com/policy/2026/01/12/charles-hoskinson-slams-trump-s-crypto-policy-as-extractive-warns-of-industry-fallout