Posted 11/28/2023, 2:51:07 PM
Cardano's Hoskinson Accuses SEC of Unfair Bitcoin Bias in Crypto Regulation
- Charles Hoskinson accused the SEC of giving Bitcoin a "complete pass" on being decentralized enough to not be considered a security
- He said that Bitcoin, Ethereum, and Cardano should all be held to the same standard when running the Howey test
- Hoskinson railed against the SEC for wasting millions in a "Pyrrhic war" against the crypto industry
- He praised libertarian lawmakers as the ones trying to improve the situation with crypto regulation
- The SEC has repeatedly claimed Cardano is a security, but IOG refutes those assertions