Cardano Co-Founder Blames US Regulators for Crypto Hub Rise

Cardano's growth as a global cryptocurrency hub has been attributed to several factors, but its co-founder Charles Hoskinson is placing blame on US regulators in an interview from Dubai.

Hoskinson pointed out that the UAE's favorable regulatory environment and lack of stringent regulations have made it an attractive destination for crypto companies. This has led to Dubai emerging as a major player in the global crypto market, surpassing many Western nations.