What’s The Beef Between Cardano And XRP? Here’s Why The Communities Are Clashing
A public clash has emerged between the Cardano and XRP communities, stemming from a disagreement over US crypto regulation, specifically the proposed Digital Asset Market Clarity Act. The conflict began when Cardano founder Charles Hoskinson criticized Ripple CEO Brad Garlinghouse for his support of the bill, despite its perceived shortcomings. Hoskinson questioned the wisdom of granting regulatory power to institutions that have previously targeted crypto businesses. This drew pushback from the XRP community, which questioned his public attack instead of constructive engagement. The Clarity Act aims to define whether digital assets are securities or commodities and assign regulatory oversight. While XRP supporters see engagement as a necessary step forward, others like Hoskinson remain skeptical. The bill's future is further complicated by reports that the White House may withdraw support if Coinbase does not return to negotiations on certain provisions.
bitcoinist01/22 00:02
