Cardano's founder criticized the CLARITY bill for its design flaws, saying it could be politicized.

Cardano founder Charles Hoskinson criticized the U.S. Digital Asset Markets Clarity Act, stating that it has design flaws, could take up to 15 years to implement, and may be "tooled" due to changes in political parties. He pointed out that the FTX incident exacerbated the partisan divide in the U.S. regarding crypto regulation, hindering legislative progress. Hoskinson also stated that the act might default to classifying new projects as securities, thus creating a relative advantage for existing projects, while ignoring regulatory frameworks in Europe (MiCA) and regions like Singapore and Japan, potentially leading to incompatibility with international standards. (CoinDesk)