Cardano founder Charles Hoskinson reflected on the plea deal news, calling it “the end of an era.” In Hoskinson’s opinion, entrepreneurs must comply with regulations or develop permissionless protocols that can’t be regulated. Hoskinson warned that the world is changing and that entrepreneurs will no longer be able to get by using centralized systems while simultaneously not complying with regulations. This is because “the United States has a financial regime that basically has been weaponized,” and this regime will not allow entrepreneurs to open up markets that let “the enemies of America to basically trade and do things.”
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Source: Cryptocurrency - investing.com
