In a Nov. 22 YouTube video, Cardano founder Charles Hoskinson reflected on the news that Binance CEO Changpeng “CZ” Zhao has stepped down from the exchange. Hoskinson claimed that this event represents “the end of an era.” He argued that entrepreneurs g will need to comply with regulation or else develop completely permissionless protocols that can’t be regulated.

The End of an Era https://t.co/d3AcHWu66C

— Charles Hoskinson (@IOHK_Charles) November 22, 2023

In the video, Hoskinson claimed that CZ was “part of a class of entrepreneurs in the cryptocurrency space that really epitomized the move fast, grow, and innovate side of things.” In the early days of crypto, Bitcoin…

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