Cardano ($ADA) Founder on the Importance of Crypto-Friendly Regulatory Frameworks
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On Thursday (October 13), Charles Hoskinson, Co-Founder and CEO of Input Output Global (aka “IOG”), the blockchain technology firm behind Cardano’s R&D, explained the importance of having regulation that appreciates the benefits offered by cryptocurrencies.
According to a report by The Daily Hodl, the IOG CEO said:
“It’s necessary for us to get [to] the next level. As many of you know, we want Cardano and cryptocurrencies in general to become the financial operating systems of the world. And my big passion in life has always been banking the unbanked and giving the unbanked economic identity that they control, that’s self-sovereign and ultimately global in nature, and ensuring human rights, the freedom of association, commerce and expression.
“To accomplish that there needs to be a regulatory regime that acknowledges the existence of cryptocurrencies, views them as positive things and appreciates the liberty that they provide people.“
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