TLDR
- Charles Hoskinson said the crypto industry survived the Biden administration and can also withstand the Trump administration.
- The Cardano founder argued that crypto’s long-term growth should not depend on one president or political party.
- Hoskinson criticized Trump’s personal involvement in crypto, warning that it could make the industry more politically divided.
- He questioned plans for a U.S. crypto reserve that includes selected altcoins and favored a Bitcoin-focused approach using seized assets.
- Hoskinson said political changes can affect regulation, but decentralized networks can continue operating through different administrations.
Cardano founder Charles Hoskinson says the crypto industry can continue growing regardless of which political party controls Washington. His comments came after Anthony Scaramucci asked whether political power in the U.S. capital still matters for Bitcoin and the wider digital asset market.
Hoskinson said crypto had “survived the Biden administration” and would also survive the Trump administration. His view is that decentralized networks can keep operating even when regulation becomes stricter or political support changes.
Charles Hoskinson Says Crypto Can Outlast Politics
Charles Hoskinson has often argued that cryptocurrency should not depend on one president, political party, or administration. Governments can shape regulation and influence adoption, but they cannot easily shut down decentralized blockchain systems.
No, we survived Biden. We will survive Trump. Crypto is here to thrive
— Charles Hoskinson (@IOHK_Charles) August 16, 2026
During the Biden administration, crypto companies faced stronger regulatory pressure, especially from the SEC under former Chair Gary Gensler. Even so, Bitcoin, Cardano, and other major blockchain networks continued to expand and attract users.
Hoskinson has also raised concerns about parts of President Donald Trump’s crypto policy. He criticized Trump’s personal involvement in digital assets, including the launch of a Trump memecoin, because he believes it could make crypto more partisan.
He has said that turning cryptocurrency into a party issue could reduce bipartisan support for broad legislation. Charles Hoskinson has argued that the industry benefits when lawmakers from both major parties can work on common rules.
Reserve Plan Draws Pushback
Hoskinson also questioned Trump’s 2025 proposal to include Bitcoin, Ethereum, XRP, Solana, and Cardano’s ADA in a U.S. crypto reserve. He said the government should avoid choosing which cryptocurrencies deserve official backing.
He has instead supported a Bitcoin-focused reserve built mainly from assets federal agencies already seized. Under that approach, Washington would not need to buy selected altcoins or decide which projects should receive special treatment.
Hoskinson’s comments also come as debate continues around the CLARITY Act. The bill stalled in the Senate before the August 2026 recess, with most Democrats opposing its advancement.
Charles Hoskinson continues to argue that crypto’s long-term direction should not rely on any single administration. Political decisions can change the pace of regulation, but decentralized networks can keep operating through election cycles and leadership changes without depending on direct support from Washington for long-term survival.
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