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- Charles Hoskinson, the founder of Cardano and co-founder of Input Output Global, has announced plans to launch the Wyoming Integrity Political Action Committee in 2025.
- Hoskinson’s new PAC is not a standalone effort; it builds upon his collaboration with Wyoming lawmakers to establish a blockchain-friendly environment in the state.
Charles Hoskinson, the founder of Cardano and co-founder of blockchain engineering firm Input Output Global (IOG), has revealed plans to launch the Wyoming Integrity Political Action Committee (PAC) in 2025. According to the press release, PAC will serve as a step toward establishing accountability in public procurement, with the goal of ensuring Wyoming’s continued leadership in blockchain innovation and Artificial Intelligence (AI).
Hoskinson has long been a strong advocate for Wyoming’s progressive stance on blockchain technology, with Input Output Global being a Wyoming-registered company. This connection is fueled by the state’s crypto-friendly regulatory environment, which aligns with Hoskinson’s vision for the future of technology.
“Wyoming is uniquely positioned to lead the way in blockchain innovation and beyond, and I want to support that journey,” Hoskinson said. “I’m proud to deepen my commitment to this state, which has a strong and genuine drive for technological progress.”
Hoskinson’s PAC is built upon his previous work with Wyoming government figures Tyler Lindholm and Karen Wheeler. Thanks to their efforts, Wyoming became one of the first states to legally recognize Decentralized Autonomous Organizations (DAOs) as a distinct form of Limited Liability Company (LLC).
The Role of the Wyoming Integrity PAC
The Wyoming Integrity PAC will focus on improving transparency in both government operations and the crypto industry. The PAC aims to establish a framework of accountability in public procurement, ensuring that both government and private stakeholders operate with transparency and due diligence.
Hoskinson stressed the importance of creating a solid foundation for Wyoming’s blockchain ambitions. “Without this foundation, Wyoming’s ambitions to lead in blockchain adoption and digital transformation could falter,” he noted. “The U.S. risks compromising its reputation as a global leader in digital innovation. This is an outcome I am determined to prevent.”
This will level the playing field for innovators, giving all parties an equal opportunity to contribute to the technological future. By doing so, it aims to create a blueprint of transparency for other states to follow.
Wyoming’s state-backed stablecoin is gearing up for its debut in 2025, aiming to streamline transactions and create a new revenue source for the state. This initiative presents a promising opportunity for Cardano’s blockchain, which is designed to deliver a flexible, sustainable, and scalable platform for smart contracts. With these strengths, the stablecoin could potentially challenge established players like Bitcoin and Tether by offering a transparent and fully-backed digital currency.
Recently, the state introduced a bill to create a Strategic Bitcoin Reserve, joining other states like Pennsylvania, Texas, Ohio, New Hampshire, Oklahoma, North Dakota, and Massachusetts, all of which have proposed similar bills, as revealed in our blog posts.
This growing movement reflects the increasing recognition of Bitcoin and other digital assets as key components of the future financial system. Cardano’s price has decreased by 22.53% in the last 24 hours and is now selling at $0.693.
