Cardano Founder: Ripple's support for the "Clarity Act" mainly stems from its own interests rather than defending industry interests

金色财经_ · 2026-03-30T09:37:48+00:00

Cardano founder Charles Hoskinson warns that the "Clear Act" may protect Ripple and XRP but could pose risks to small projects and potentially weaken crypto competition. He believes Ripple's support for the bill is driven by its own interests rather than the industry's overall benefit.

金色财经_

2026-03-30 09:37:48

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Golden Finance reports that on March 30, Cardano founder Charles Hoskinson said that the current version of the “Clear Act” may protect Ripple and XRP, but it puts smaller-scale projects at risk. He specifically warned that the bill may classify newer projects as securities while still protecting existing networks. In addition, he also warned that passing this legislation in its current form could weaken competition in the cryptocurrency space. He also noted that certain provisions could expose open-source developers to unlimited legal liability. Given these concerns, Hoskinson believes that Ripple’s continued support for the “Clarity Act” stems mainly from its own interests rather than from a desire to defend the industry as a whole.

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