Coin WorldSaturday, Jul 19, 2025 8:27 am ET

1min read

Cardano founder Charles Hoskinson has declared that Washington D.C. is now “open for business” on crypto, following a series of private meetings on Capitol Hill. Hoskinson reported a significant shift in the tone and engagement of U.S. lawmakers regarding digital asset policy, describing the current environment as markedly more productive and collaborative.

Hoskinson confirmed that he participated in a closed-door roundtable with several senators and other key figures to discuss the future of digital asset policy in the United States. He highlighted that the meetings featured open discussions about the necessary legislative steps to support innovation in the crypto sector. This stands in contrast to his past visits, which he described as unproductive. The current atmosphere in Washington has shifted greatly, with a growing willingness among members of Congress to engage with industry leaders.

Hoskinson credited the current administration for raising the priority of digital asset policy. He noted that President Trump’s recent pro-crypto stance has helped push the issue to the highest levels of government. According to Hoskinson, the president’s interest in blockchain’s economic role has made digital asset policy a priority. He also acknowledged that while there is still regulatory work to be done, progress is underway. This includes ongoing efforts to clean up past regulatory gaps and modernize financial oversight systems.

During the discussions, the crypto sector was framed as one capable of contributing to a $10 trillion economy. This argument was aimed at urging lawmakers not to fall behind on global financial innovation. Hoskinson stated that more updates would be shared soon as legislative efforts continue. He added that the current policy environment is moving “in the right direction,” with industry representatives and policymakers working toward shared objectives.