Charles Hoskinson criticizes Brad Garlinghouse over support for Digital Asset Market Clarity Act
Cardano founder Charles Hoskinson has publicly criticized Ripple CEO Brad Garlinghouse for backing the Digital Asset Market Clarity Act, arguing the bill has been mishandled politically and is unlikely to pass in the current environment. He has directed blame at Trump administration crypto lead David Sacks, while Coinbase CEO Brian Armstrong opposes the proposal and says a bad bill is worse than none. The Senate Banking Committee has postponed its scheduled markup hearing as negotiations continue and lawmakers seek enough bipartisan support for the legislation.