- Hoskinson predicts Google and Microsoft will enter the blockchain and crypto space.
- Even Amazon may join as GENIUS and CLARITY Acts offer clearer policies in place.
- Trump’s administration continues to outdo itself in the crypto space.
Cardano Founder Charles Hokinson predicts Google and Microsoft will enter the blockchain and crypto space as regulations clear up. In detail, Hoskinson believes that now with more CLARITY and pro-crypto policies in place via the GENIUS and CLARITY Act, top tech titans with the largest market caps will slowly start to integrate crypto and blockchain technology into their systems so they can remain relevant in the new web3-centric world unfolding.
Hoskinson Predicts Google and Microsoft Will Enter Web3
Ever since President Trump took office, crypto and blockchain regulations have taken front and centre attention from his administration. This is because pro-crypto policies were a core part of Trump’s presidential campaign, and Trump intends to meet all of his promises made, especially to the crypto community. In just a few months, Trump has turned the tide for web3 companies in the USA.
To highlight, Trump delivered his first promise of firing Gary Gensler and replacing him with a pro-crypto SEC Chair, thereby setting up a much-needed crypto-friendly and crypto-educated head at the helm. Soon after, Trump set up a full crypto and digital assets team that immediately got to work. Initially, this team was helped by Elon Musk until Trump and Musk split due to differing ideologies.
Trump’s Bold Crypto Moves
Now, Trump and his team continue to do good by the crypto community and have allowed the crypto market to thrive under his regime. In a short time, his team introduced the CLARITY and GENIUS Act, both of which helped establish proper regulations for the crypto and blockchain spaces, opening the doors for large traditional tech entities to set their toes in an industry that is no longer treated with caution and skepticism.
Trump also went on to establish an official Strategic Bitcoin Reserve and Digital Asset Stockpile for the US government to eventually start actively buying and holding Bitcoin and other promising crypto assets. What’s more, Congress just introduced a new bill requiring the Treasury to study crucial digital asset-related matters to ensure that all these changes will be acted upon and practiced with deep knowledge.
As we can see from the post above, Cardano Founder Hoskinson says that now that regulations are moving in the right direction with the GENIUS and CLARITY act, Microsoft, Google, and Amazon who have only experimented in blockchain technology can now fully partake int he Web3 industry, perhaps by adding wallets onto their platforms, giving their huge user case a ortal to enter into the crypo and blockchain space.
