Cardano founder criticizes Trump's encryption policies as damaging industry prospects.

On December 19th, according to Decrypt, Cardano (ADA) founder Charles Hoskinson recently stated in an interview that Trump's launch of his personal Meme coin was "frustrating," turning cryptocurrency into a partisan issue and undermining bipartisan cooperation in Congress. He also opposed Trump's proposed national strategic crypto reserve plan, which includes multiple cryptocurrencies such as Bitcoin and Ethereum, arguing that the government should not interfere with the market in selecting winners. Hoskinson revealed that due to his public criticism of these policies, he was excluded from private dinners with the president, losing the opportunity to participate in the legislative process.