Cardano founder Charles Hoskinson warned the latest U.S. Clarity Act would hand excessive power to the SEC and could treat many tokens as securities, threatening innovation and increasing legal risk for projects and holders.
Charles Hoskinson used X to tout NIGHT’s recent outperformance, saying the Midnight network token has beaten both XRP and SOL. The remarks on Dec. 21 drew attention because Hoskinson is a high-profile figure in the crypto community.