Ethereum Co-founder Warns Trump-Backed DeFi Platform Poses Risks To Crypto Industry – Brave New Coin

tldr; Charles Hoskinson, Ethereum co-founder, warns that a Trump-backed DeFi platform, World Liberty Financial, could pose risks to the crypto industry. He fears it may politicize the sector, leading to increased scrutiny and legal challenges from Trump’s opponents. Hoskinson is concerned about the potential impact on the market and the ability of political leaders to support crypto growth. Despite these concerns, he remains optimistic about the economic benefits of embracing cryptocurrency if appropriate legislation is enacted.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.