Charles Hoskinson doubts CLARITY Act timeline, says Trump crypto czar should quit

Cardano founder Charles Hoskinson said the CLARITY Act may not pass this quarter, and criticized US crypto laws for favoring big banks over innovation.

Cardano founder Charles Hoskinson said he doubts the US Digital Asset Market Clarity Act will pass this quarter and called on President Donald Trump’s crypto adviser, David Sacks, to resign.

Hoskinson criticized the US approach to regulating crypto in an interview on Sunday with Bitcoin (BTC) enthusiast Scott Melker on The Wolf of All Streets Podcast.

“I don’t think the CLARITY Act is going to pass this quarter,” Hoskinson said, warning that if Democrats regain control of the US House of Representatives in November’s midterm elections, the current window to pass the bill could be lost.

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