Hoskinson: US CLARITY Bill fit 'grandfather' XRP but e get risk say e go make plenti tokens securities by default

Cardano bos Charles Hoskinson lash out against di proposed U.S. Digital Asset Market CLARITY Act (H.R. 3633), warn say e fit label many new tokens as securities by default and give SEC more power. Hoskinson talk say di bill dey treat assets wey dem create to raise funds for blockchain as investment contracts, so tokens like XRP, ADA and maybe ETH go fall under SEC jurisdiction at launch unless di network later become “mature blockchain.” E argue say di framework no get protections for developers and e create bureaucratic attack vectors wey fit choke decentralized finance, decentralized exchanges (e.g. Uniswap), prediction markets and yield-bearing stablecoin products. Crypto commentator Cobb back up Hoskinson, but XRP supporters push back dem talk about Ripple long court battle with SEC and reported $125 million penalty as evidence say XRP regulatory status dey contested and no simply granted. JPMorgan see am differently; dem say if e pass e fit attract institutional inflows and push prices up in H2 2026 by giving clarity. Di bill miss March 1 deadline because of disputes (including stablecoin yield rules) and still dey negotiate for Congress, prolonging regulatory uncertainty. Key takeaways for traders: CLARITY Act fit change how tokens dey classified and how dem fit list for exchanges, increase SEC oversight risk for affected tokens, and keep volatility high until Congress settle the bill terms.