- Cardano founder Charles Hoskinson dismissed his exclusion from the White House Crypto Summit, emphasizing that real policy progress happens through legislative engagement rather than political events.
- Despite being unaware of ADA’s inclusion in Trump’s proposed crypto reserve, he remains focused on advocating for regulatory clarity in the industry.
Cardano founder Charles Hoskinson has addressed his exclusion from the upcoming White House Crypto Summit, maintaining that his focus remains on meaningful legislative progress rather than high-profile events. His absence has raised eyebrows, particularly given that Cardano’s ADA token has been included in former U.S. President Donald Trump’s proposed crypto reserve.
No Invite, No Worries
In a March 6 broadcast, Hoskinson confirmed that he had not received an invitation to the March 7 summit, stating:
“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.”
Despite this, Hoskinson downplayed the significance of the event, implying that it may be more about optics than substantive policy discussions. He stressed that real legislative work happens within Congress, where he has been actively involved in shaping crypto-related regulations.
Commitment to Legislative Progress
Hoskinson remains committed to regulatory clarity, particularly concerning stablecoins and market structure. His approach emphasizes direct engagement with lawmakers, which he believes will have a more lasting impact on the industry than attending political summits.
While he will not be present, other key industry figures, including Michael Saylor (MicroStrategy), Brian Armstrong (Coinbase), Arjun Sethi (Kraken), and Vlad Tenev (Robinhood), are expected to attend.
ADA’s Surprise Inclusion in Crypto Reserve
One of the most unexpected developments is the inclusion of Cardano’s ADA token in Trump’s proposed crypto reserve. The initiative, which also features Bitcoin, Ethereum, XRP, and Solana, caught Hoskinson off guard.
He admitted:
“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.”
Looking Beyond the Summit
Hoskinson’s reaction to his exclusion reflects his broader view that legislative advocacy is more impactful than attending political summits. With ADA’s growing prominence, his focus remains on ensuring that crypto regulations foster innovation while providing clarity for investors and developers.
Whether or not the White House summit yields significant policy changes, Hoskinson’s commitment to working directly with lawmakers may ultimately have a more profound effect on the future of cryptocurrency regulation.
