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Cardano's founder just slammed Senator Elizabeth Warren. Posting on @X, @Cardano $ADA founder @IOHK_Charles explained there "is no compromise with people like Liz". He even claimed she wants to ban all cryptocurrencies and blockchain tech. Elizabeth Warren has long been known
Cardano founder Charles Hoskinson posted on X that he believes Senator Elizabeth Warren wants to ban all cryptocurrencies and blockchain technology, saying there is no compromise with her.
Published:
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What happened
Cardano founder Charles Hoskinson posted on X that he believes Senator Elizabeth Warren wants to ban all cryptocurrencies and blockchain technology, saying there is no compromise with her.
Confirmed
Global impact / market context
The founder’s criticism highlights political risk for crypto projects, as regulatory actions could limit the use of blockchain and affect investor confidence in assets like ADA.
Analyst inference
Regulators in the United States are debating stricter rules for digital assets, and public statements from influential politicians can shape market sentiment and potentially trigger price moves for crypto tokens.
Analyst inference
What to watch
- Any formal legislative proposals from Senator Warren or other lawmakers that target cryptocurrency bans or heavy regulation. Analyst inference
- Responses from other blockchain projects or industry groups that may lobby against restrictive policies, influencing public perception. Analyst inference
- Short‑term price reactions in ADA and related crypto assets as traders digest the founder’s statements and potential regulatory fallout. Analyst inference
Affected assets
- ADA — Cardano