In a recent social media post, Sam Altman, CEO of OpenAI, shared an optimistic vision for the future of cryptocurrency, voicing strong confidence in the sector’s potential for innovation and growth.
Altman, who co-founded blockchain identity company World (formerly known as Worldcoin), celebrated the significant advancements the company has achieved over the past year, attributing this progress to the outstanding leadership within the team.
The OpenAI leader praised the World team for its unique blend of vision and execution, qualities he believes are essential for the project’s ongoing success and influence.
His positive outlook reflects a wider confidence in the cryptocurrency industry, which continues to gain momentum and support.
Altman’s sentiments are in line with the rising enthusiasm surrounding digital assets and blockchain technology as they steadily integrate into the global financial landscape.
Charles Hoskinson, the founder of Cardano, has confirmed he will join Donald Trump’s administration as a cryptocurrency advisor, marking a major step for the sector’s regulatory future in the US.
Representing his blockchain company Input Output Global (IOG), Hoskinson announced plans to drive a comprehensive crypto policy framework aimed at clearing up regulatory ambiguity that has long plagued the industry.
“This is the best chance we’ve ever had in the history of the industry to get clarity,” Hoskinson said. His vision is to establish a dedicated policy team within IOG, expected to launch in early 2025, that will craft policies for the crypto space, including elements from the Financial Innovation and Technology for the 21st Century Act (FIT21) and the Responsible Financial Innovation Act (RFIA).
These measures, both influential in US crypto discussions, seek a clearer legal classification for digital assets, distinguishing them from traditional securities and commodities.
Working closely with Congress, Hoskinson’s team will pursue bipartisan support to establish regulatory guidelines that work for both investors and crypto innovators.
