Cardano founder Charles Hoskinson recently weighed in on the sluggish pace of U.S. crypto legislation, pinpointing a surprising culprit: the rise of Trump-backed memecoins. According to Hoskinson, these speculative tokens have transformed what should be a straightforward market-structure reform into a heated political battleground. The result? Lawmakers are bogged down navigating the cultural and partisan crosscurrents, leaving substantive regulatory frameworks stuck in neutral. It's a friction point that highlights how meme culture and serious policy-making don't always mix well—especially when high-stakes finance meets the crypto zeitgeist.