Cardano's Hoskinson Says XRP Would Have Counted as a Security Under H.R. 3633 Crypto Bill

Cardano founder Charles Hoskinson has criticized Ripple CEO Brad Garlinghouse's support for the Clarity Act, arguing that the proposed H.R. 3633 framework would initially treat tokens like XRP as securities. He warned that legacy assets could be constrained at launch and that the bill could expose future U.S. crypto projects to regulatory attacks, even as Garlinghouse continues to call for clearer rules over regulatory chaos.