Cardano Excluded from White House Crypto Discussions – Coincu

Charles Hoskinson, Cardano’s founder, was not invited to the White House Crypto Roundtable, though he is active in blockchain policy discussions.

Despite the exclusion, the event underscores the ongoing conversation about comprehensive blockchain regulation, emphasizing the need for sustainable frameworks over transient political campaigns.

Cardano’s Absence Sparks Debate Over Crypto Policy Inclusion

The exclusion of Cardano founder Charles Hoskinson from the recent White House Crypto Roundtable has prompted discussions about the criteria for inclusion. The roundtable featured high-profile executives, yet left out key industry figures like Hoskinson, underscoring the political nuances at play.

Hoskinson continues to advocate for long-term sustainable frameworks, unlike the current focus on political alliances. This approach pushes for true industry growth rather than short-term gains dictated by changing political tides.

Community reaction has been mixed, with some voices calling for a clearer framework. Hoskinson has been vocal, stating:

“The real importance lies in regulatory stability brought about by legislation, not who occupies the presidency.”

Crypto Market and Regulatory Dynamics Amid Cardano Exclusion

Did you know? Charles Hoskinson was also a co-founder of Ethereum, an influential project that has bolstered his advocacy for blockchain policy frameworks.

According to CoinMarketCap data, Cardano (ADA) is valued at $0.61, with a market cap of $21.68 billion and holds a 0.81% market dominance. Recent price data show a decrease of 1.33% over the last 24 hours and a significant 39.97% drop over 90 days, demonstrating the volatility of digital assets.

Research by Coincu suggests that the exclusion might have limited immediate market impact, yet highlights the ongoing negotiations and challenges in achieving balanced regulations. Long-term, a sustainable approach could aid in stabilizing the market and increasing institutional adoption.