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

Deep Tide TechFlow message. April 01, according to CoinDesk, Cardano founder Charles Hoskinson issued strong criticism of the U.S. “Digital Assets Market CLARITY Act.” He warned that even if the bill is approved, it may take up to 15 years to be fully implemented, and it is all too easily “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 reverse sharply, making bipartisan legislative cooperation increasingly difficult due to the resulting political divide.

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 moats while making it difficult for emerging projects to get off the ground. In addition, he said the bill is overly focused on the U.S. domestic landscape, 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.”