Charles Hoskinson, CEO of the IOHK company behind Cardano, vehemently rejected the possibility of a US government banning the first cryptocurrency.
During the AMA (ask me anything) session, he said:
“This ship sailed. Bitcoin is not banned."
Earlier, Ray Dalio, founder of Bridgewater Associates, stated that there is a high likelihood of a digital gold ban in the United States. The billionaire referred to the example of India, in which a similar decision for all cryptocurrencies is being considered at the legislative level.
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Hoskinson also announced plans to talk with the founder of the crypto bank Galaxy Digital Mike Novogratz regarding the native Cardano token - ADA.
However, the head of IONK urged the community not to have much hope that Novogratz will become a supporter of the coin.
“Maybe we can convince him that Cardano is a real project. I think he is probably a fan of the popularity of Ethereum and considers us to be scammers and me as a pathological liar, ”added Hoskinson ironically.
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In early March, Novogratz asked Twitter followers what Cardano was and where the asset had such a large market capitalization from. He added that he never traded ADA.At the end of February, during a bullish rally, the cryptocurrency climbed to third place in the ranking by market capitalization. At the time of writing, Cardano is in fifth place with a market cap of just over $ 38 billion, slightly behind Binance Coin and Tether.