Cardano Founder: $ADA Is Not a Security but There’s No Telling Whom SEC Will Fight Next Charles Hoskinson, Co-Founder and CEO at Input Output Global (“IOG), the blockchain technology firm responsible for the development of Cardano ($ADA), has recently commented on what would happen if U.S. regulators were to consider $ADA a security. During an ask me anything (AMA) session on YouTube, Hoskinson commented on the potential scenario, saying that there is “nothing in the history of Cardano that feels security-like, from the beginning to where it’s at today to the fact that the network is fully decentralized and so forth.” Hoskinson added that he would believe that if $ADA were to be considered a security, other top cryptocurrencies like Ethereum ($ETH) and Bitcoin ($BTC) could also be considered securities. Per his words, this is a “problem with regulation through enforcement,” as “any given Sunday, it’s whoever the regulators decide to pick there’s a big fight.” Full Article: <a rel="noreferrer nofollow noopener" href="https://www.cryptoglobe.com/latest/2022/12/cardano-founder-ada-is-not-a-security-but-theres-no-telling-whom-sec-will-fight-next/" target="_blank">https://www.cryptoglobe.com/latest/2022/12/cardano-founder-ada-is-not-a-security-but-theres-no-telling-whom-sec-will-fight-next/</a>