tl;dr
Cardano founder Charles Hoskinson was not invited to the White House Crypto Summit on March 7, despite the inclusion of ADA token in US President Donald Trump’s proposed crypto reserve. Hoskinson downplayed the event's significance, emphasizing the importance of policy work within the legislative br...
Cardano founder Charles Hoskinson recently revealed that he was not invited to the upcoming White House Crypto Summit on March 7. This exclusion is notable, especially considering that the blockchain network's ADA token is included in US President Donald Trump's proposed crypto reserve.
In a broadcast on March 6, Hoskinson disclosed that no invitation had been received for the highly anticipated crypto event. He downplayed the event's significance, suggesting it might not involve meaningful policy discussions. However, he emphasized that genuine policy work occurs within the legislative branch, where he has collaborated with lawmakers over the years.
Hoskinson 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, including Michael Saylor, Brian Armstrong, Arjun Sethi, and Vlad Tenev, have confirmed their attendance.
Furthermore, Hoskinson's exclusion is particularly striking given that ADA has been listed as part of Trump's proposed crypto reserve, which is set to feature Bitcoin, Ethereum, XRP, Solana, and Cardano. Hoskinson admitted that he was unaware of ADA's inclusion until the news broke, indicating his surprise at the development.