<ul class="wp-block-list">
 <li>Cardano’s exclusion from Wyoming's blockchain initiative highlights flaws in the regulatory process and damages state credibility.</li>  
 <li>Hoskinson calls for a neutral "Crypto-Czar" to unite the industry and push for fair crypto policies across the U.S.</li>  
 <li>"Operation Baseline" will survey the U.S. blockchain to identify regulatory issues and improve the crypto landscape.</li> 
</ul>  
<p>Cardano co-founder Charles Hoskinson has expressed his <a href="https://x.com/IOHK_Charles/status/1860514307571679737" target="_blank" rel="noopener noreferrer nofollow">annoyance on X</a> over the company's exclusion from a blockchain project in Wyoming. Hoskinson said the process's lack of a formal request for proposals (RFP) was a fault.&nbsp;</p>  
<p>Instead, a single bureaucrat unilaterally decided what Cardano could and could not do, excluding a protocol worth nearly $40 billion. This decision, Hoskinson argues, undermines the efforts that IOHK and others fought for in Wyoming, setting back the state's blockchain initiatives and tarnishing its credibility.</p>  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  https://twitter.com/IOHK_Charles/status/1860514307571679737
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</figure>  
<h2 class="wp-block-heading" id="h-a-broken-process-wyoming-s-blockchain-setback">A Broken Process: Wyoming’s Blockchain Setback</h2>  
<p>The exclusion of Cardano highlights deeper issues with the <a href="https://cryptonewsland.com/john-deatons-gop-victory-energizes-crypto-community-ahead-of-clash-with-warren/" target="_blank" rel="noopener noreferrer nofollow">blockchain ecosystem's regulatory</a> landscape. Hoskinson emphasizes that RFPs typically allow vendors to showcase their capabilities and demonstrate their solutions through proof of concept.&nbsp;</p>  
<p>However, Wyoming’s approach lacked transparency and accountability. Moreover, the absence of a formal process leaves major blockchain protocols like Cardano sidelined. This not only hinders innovation but also impacts the reputation of <a href="https://cryptonewsland.com/wyoming-launches-state-backed-stablecoin-a-bold-move-toward-digital-innovation/" target="_blank" rel="noopener noreferrer nofollow">Wyoming as a blockchain-friendly state</a>.</p>  
<h2 class="wp-block-heading" id="h-a-call-for-a-neutral-crypto-czar">A Call for a Neutral Crypto-Czar</h2>  
<p>In light of the growing concerns about regulatory oversight, Hoskinson also addressed the idea of appointing a "Crypto-Czar" in the White House. He believes that the role must be filled by someone who can work with all blockchain protocols and understand the unique attributes of crypto.&nbsp;</p>  
<p><a href="https://cryptonewsland.com/coinbase-ceo-brian-armstrong-outlines-post-election-crypto-strategy/" target="_blank" rel="noopener noreferrer nofollow">Hoskinson proposed Coinbase CEO Brian Armstrong</a> as an ideal candidate, citing his leadership during turbulent regulatory periods. Armstrong’s ability to build broad coalitions could be key to uniting the industry and pushing for meaningful legislation.</p>  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  https://twitter.com/IOHK_Charles/status/1859312190219862175
 </div>
</figure>  
<p>Furthermore, Hoskinson himself is dedicated to advancing the legislative effort to improve blockchain policies. He is currently focusing on U.S. lawmakers to remove regulatory abuses and create a <a href="https://www.weforum.org/stories/2024/05/global-cryptocurrency-regulations-changing/" target="_blank" rel="noopener noreferrer nofollow">welcoming environment</a> for crypto innovation.&nbsp;</p>  
<p>Through his "Operation Baseline," launching in January, Hoskinson plans to survey the U.S. cryptocurrency industry to identify opportunities for improvement. He believes this survey will help guide the Crypto-Czar’s role and influence policymakers toward better, more effective laws for blockchain and cryptocurrency businesses.</p> 
<p>The post <a href="https://cryptonewsland.com/hoskinson-slams-cardanos-exclusion-from-wyoming/" rel="noopener noreferrer nofollow">Hoskinson Slams Cardano’s Exclusion from Wyoming Initiative, Advocates for Transparent RFPs</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Hoskinson Slams Cardano’s Exclusion from Wyoming Initiative, Advocates for Transparent RFPs

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