PANews reported on November 10 that according to CoinGape, Cardano founder Charles Hoskinson said in a recent speech that he would work with legislators and the government to promote the passage of a bipartisan bill. His company Input Output Global (IOG) will set up a separate policy department for cryptocurrency regulation. The office will focus on developing a legislative framework that incorporates the provisions of the 21st Century Financial Innovation and Technology Act (FIT21) and the Responsible Financial Innovation Act (RFIA).