2026-01-13 14:21:02

The cryptocurrency industry has recently been thrust into the spotlight on the political stage, and this may not be a good thing.

The founder of the Cardano project recently spoke frankly — the current US political environment surrounding cryptocurrencies has fallen into an unhealthy state. He pointed out that the practices reflected by projects like meme coins and personal tokens have evolved into a form of "predatory behavior," which is incompatible with the healthy ecosystem needed in the cryptocurrency industry.

What’s more concerning is that this trend toward politicization is eroding the consensus foundation that was previously established. Earlier this year, the industry was optimistic about the advancement of two important bills, the Genius Act and the Clear Act, and bipartisan cooperation on cryptocurrency regulation was rare but promising. But now, this momentum has significantly weakened, and progress on regulatory transparency has stalled. This not only delays the urgently needed clear legal framework for the industry but, more importantly, gradually erodes market confidence in the US cryptocurrency system in the long term. When policymaking becomes a political bargaining chip, who can still expect a stable institutional environment?

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MoonMathMagic

· 01-13 14:46

Political interference ruins everything, and the few commonalities between the two parties are worth less than meme coins... --- Cardano's founder is right; now there are scammers everywhere, and those who truly want to make a difference have no voice. --- Another year, another new bill with no progress; we're tired of this routine. --- At the end of the day, it's all driven by interests; no one truly cares about the survival of the ecosystem. --- Politicians can never outplay those in crypto; now it's the turn for politics to turn the tables and mess with the crypto world. --- The US institutional environment, it's okay for hype, but for building? What are you thinking? --- Predatory behavior? That's a too gentle way to put it.

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GasFeeWhisperer

· 01-13 14:43

This is good now, once politics get involved, everything is over. Meme coins are just here to cut the leeks, and now they’re being used as political chips, so ironic. --- Without bipartisan consensus, it’s gone, anyway I never had high hopes. Both the genius and clear laws have become decorations, and the US system’s confidence has long been bankrupt. --- Basically, it’s a power game. Who cares if the ecosystem is healthy or not, as long as there’s money to be made. It’s sad that projects genuinely wanting to build are held back by these people. --- Predatory behavior? That term is perfect, it perfectly describes the current US crypto ecosystem. Once politics get involved, it’s game over. --- Honestly, I stopped believing in any regulatory framework a long time ago. US politicians are all the same when they play, how can they give us a stable environment? --- So what now? Move onto the chain? Or wait for the next political shift to go all in? It’s all a gamble, might as well bet big.

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LeverageAddict

· 01-13 14:22

Once political players get involved, the crypto ecosystem is doomed... This time, it really messed up.

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