Cardano founder Hoskinson blasts CLARITY bill: serious design flaws, may become a political weapon

Deep Tide TechFlow message. On April 01, according to CoinDesk, Charles Hoskinson, the founder of Cardano, strongly criticized the U.S. Digital Assets Market CLARITY Act, warning that even if the bill is approved, it could take up to 15 years to be fully implemented, and that it is highly likely to be “weaponized” due to changes in political parties. He noted that the FTX collapse was a key turning point that caused the Democratic Party’s stance toward the crypto industry to pivot sharply, and that the resulting political divide makes bipartisan legislative cooperation increasingly difficult.

Hoskinson also criticized the bill for automatically classifying new projects as securities by default, effectively allowing existing tokens such as Cardano, XRP, and Ethereum to build a moat, while making it much harder for emerging projects to get off the ground. In addition, he believes the bill is overly focused on the United States, ignoring global regulatory frameworks such as MiCA, Singapore, and Japan, which could ultimately lead to incompatibility between U.S. and EU standards. He said bluntly: “We once almost had a window, but now I don’t believe it will pass.”