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HomeCrypto NewsMarketCardano and Aptos to Collab on US Blockchain Policy and Tech: What We Know

Cardano and Aptos to Collab on US Blockchain Policy and Tech: What We Know

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Leading Layer 1 projects, Cardano and Aptos, are set to collaborate on U.S. blockchain policy and technology.

This is according to statements from founders of the respective blockchains early on Wednesday, February 12.

Cardano‘s Charles Hoskinson was the first to issue a statement, revealing that he had a “great call” with Aptos co-founder Avery Ching. In response, Aptos’ Ching stated that he looks forward to working with Hoskinson and Cardano on U.S. blockchain policy and technology.

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While the details of the call and what this collaboration is set to look like remain sparse, it comes shortly after a meeting between Aptos’ policy team and acting Commodity Futures Trading Commission Chair Caroline Pham. 

The CFTC, like its sister agency, the Securities and Exchange Commission, has expressed willingness to shape crypto policy under the new Trump administration, considering the input of industry leaders.

Last week, the agency disclosed that it would host a “crypto CEO forum” to discuss the launch of a stablecoin pilot program. The meeting was set to include Circle, Crypto.com, MoonPay, and Ripple. It is likely that the meeting between Acting CFTC Chair Caroline Pham and Aptos’ Avery Ching is part of a similar effort.

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Cardano Founder’s Meeting Tease

Meanwhile, early this week, the Cardano network had been awash with excitement and speculation as community members tried to guess who founder Charles Hoskinson was set to meet towards the end of the month following a teaser in an Ask Me Anything session.

The Cardano founder further stoked the flames by suggesting that he was now set to meet more than one person.

It is currently unclear if Aptos’ Ching is one of these persons. As of February 11, the community appeared to favor a meeting between the Cardano founder and Tesla CEO Elon Musk.

The speculation comes as the community would like to see Cardano play a role in Musk’s reported plan to put the U.S. government on the blockchain as part of his role as head of the Department of Government Efficiency, a non-governmental agency set up by President Donald Trump to inform government spending cuts.

The Crypto Basic could not reach Aptos Labs or Input | Output, the primary developers of the Cardano network, for comments at the time of publishing.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Okoya David
Okoya David
Okoya David Kio is a crypto enthusiast passionate about understanding what makes the nascent market tick. When he's not pondering about cryptocurrencies, you might find him in a BP debate room trying to proffer solutions to age-old societal problems.

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