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Cardano's Charles Hoskinson reacts to White House crypto summit snub

Cardano’s Charles Hoskinson reacts to White House crypto summit snub 54 seconds ago · 2 min read Hoskinson focuses on legislative progress, unfazed by his absence from Trump's crypto summit. 2 min...

Cardano's Charles Hoskinson reacts to White House crypto summit snub

Cardano’s Charles Hoskinson reacts to White House crypto summit snub Cardano’s Charles Hoskinson reacts to White House crypto summit snub 54 seconds ago · 2 min read

Hoskinson focuses on legislative progress, unfazed by his absence from Trump's crypto summit.

2 min read

Updated: Mar. 6, 2025 at 9:51 am UTC

Cardano’s Charles Hoskinson reacts to White House crypto summit snub

Web Summit / CC BY 2.0 / Wikimedia. Remixed by CryptoSlate

Cardano founder Charles Hoskinson has revealed that he was not invited to the upcoming White House Crypto Summit on March 7.

His exclusion has sparked discussions, especially since the blockchain network’s ADA token is included in US President Donald Trump’s proposed crypto reserve.

No White House invite

In a March 6 broadcast, Hoskinson revealed that he had not received an invitation to the highly anticipated crypto event.

According to him:

“We did not get an invitation on Monday. We did not get an invitation on Tuesday. We did not get an invitation today on Wednesday. So I’m going to operate under the assumption I have not been invited to go to this gathering.”

Hoskinson downplayed the event’s significance, suggesting it might not involve meaningful policy discussions. He argued that real policy work happens within the legislative branch, where he has collaborated with lawmakers over the years.

He reaffirmed his commitment to pushing for regulatory clarity through legislative engagement, particularly on key bills related to stablecoins and market structure.

Despite his absence, several key figures in the crypto industry have confirmed their attendance. Among them are Michael Saylor, Chairman of Strategy—the largest corporate holder of Bitcoin—along with Brian Armstrong of Coinbase, Arjun Sethi of Kraken, and Vlad Tenev of Robinhood.

ADA in crypto reserve

Meanwhile, Hoskinson’s exclusion is particularly striking given that ADA has been listed as part of Trump’s proposed crypto reserve.

The president recently announced plans to create a reserve featuring Bitcoin, Ethereum, XRP, Solana, and Cardano. He is expected to outline his strategy for this initiative at the event.

The Cardano founder admitted that he was unaware of ADA’s inclusion until the news broke.

According to him:

“We knew nothing of ADA being selected for the reserve. It was news to me. I woke up on Sunday, looked at my phone, and I had over one hundred fifty messages saying congratulations, great job, and I had no idea what the heck was going on.”

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