Cardano Founder Addresses Exclusion from Key Crypto Gathering
Cardano founder Charles Hoskinson has confirmed that his team did not receive an invitation to the upcoming White House Digital Assets Summit. Despite circulating lists on social media platform X that suggest...
Cardano founder Charles Hoskinson has confirmed that his team did not receive an invitation to the upcoming White House Digital Assets Summit. Despite circulating lists on social media platform X that suggest he will attend, Hoskinson clarified that neither he nor his team received an invitation.
In a short clip posted by the Angry Crypto Show account, Hoskinson stated that his team, despite having ties to the White House, did not receive an invitation on Monday, Tuesday, or Wednesday. He confirmed that he had no plans to attend the four-hour gathering.
https://twitter.com/angrycryptoshow/status/1897477071493836823
Lack of Policy Expectations at the Summit
Charles Hoskinson also downplayed concerns about missing the event. He expressed doubt that significant policy decisions would come from the summit. By making this point, he likely aimed to reassure the Cardano community that the ecosystem would not suffer due to its absence.
Related article: Charles Hoskinson Promotes Cardano’s Leios and Hydra Amid Solana’s Network Woes
While Cardano remains absent from the summit, several key industry figures will participate. The confirmed list includes MicroStrategy co-founder Michael Saylor, Crypto.com CEO Kris Marszalek, Paradigm Founding Partner Matt Huang, and Solana’s Anatoly Yakovenko.
Debate Over a Strategic Crypto Reserve
The Digital Assets Summit will likely include discussions on a proposed U.S. strategic crypto reserve. Saylor and other Bitcoin advocates have long supported this idea. However, Yakovenko raised concerns, arguing that government control over a crypto reserve could threaten decentralization.
Related article: Charles Hoskinson Teases Major Collaboration in Late February
The cryptocurrency industry continues to experience regulatory shifts under the new leadership of key agencies like the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).
A major sign of change has emerged with the SEC ending several crypto lawsuits. The regulator has dropped cases against Kraken, Coinbase, and Uniswap, among others. Meanwhile, the SEC has also revealed its full crypto task force list, leading to increased expectations for more favorable policies in the future.
Disclaimer: The information in this article should not be considered financial advice, and FXCryptoNews articles are intended only to provide educational and general information. Please consult with a financial advisor before making any investment decisions.
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