**Cryptocurrency Enters Regulatory Spotlight, Cardano Founder Leads Policy Framework Development**



Do you know ADA? It is the token of the large blockchain project Cardano. Recently, Cardano's founder Charles Hoskinson announced a major move: collaborating with government agencies to create a clear regulatory framework for the entire cryptocurrency industry.

**Regulatory Framework Coming Soon, IOG Establishes Dedicated Policy Department**

According to the latest news, Hoskinson expressed his intention to promote policy development in the cryptocurrency industry, aiming to establish a regulatory system that neither stifles innovation nor protects users. His company, Input Output Global (IOG), will set up a dedicated policy department responsible for this work.

The department's task is quite clear: to integrate two important US cryptocurrency bills—the "21st Century Financial Innovation and Technology Act" (FIT21) and the "Responsible Financial Innovation Act" (RFIA)—and incorporate their provisions into a unified legislative framework. In simple terms, to extract the most reasonable parts from numerous regulations and form industry-wide standards.

**Bipartisan Cooperation Is Key, Policy Advancement Requires Consensus**

Hoskinson emphasized that advancing cryptocurrency policy requires two-way interaction between the industry and government agencies. He plans to work with legislators to promote a bipartisan bill with broad support. This means Cardano is not only making strides in technological innovation but also exploring how to use policy measures to create a better development environment for the industry.

This move reflects the cryptocurrency industry’s shift from unregulated growth to regulated development. As one of the top projects by market capitalization, the policy initiatives of its founder are likely to influence the overall regulatory direction of the industry.
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