- Cardano’s Charles Hoskinson omitted from White House crypto roundtable.
- Emphasizes focus on sustainable blockchain regulation policies.
- Advocates engagement with international policy for long-term impacts.
Cardano founder Charles Hoskinson was notably absent from a White House Crypto Roundtable attended by major cryptocurrency leaders.
Hoskinson’s exclusion comes amid Cardano’s ADA being included in a proposed U.S. crypto reserve, underscoring the importance of legislative action.
Cardano Founder Critiques White House Event Exclusion
Charles Hoskinson, the founder of Cardano, recently addressed his absence from the White House Crypto Roundtable. This event had been attended by key industry figures such as Coinbase CEO Brian Armstrong and Ripple CEO Brad Garlinghouse. Despite Cardano’s ADA being considered for inclusion in a national crypto reserve, Hoskinson was not extended an invitation. In response, Hoskinson stated, “the real work lies within legislative efforts rather than fleeting political events.” His remarks emphasize focusing on broader, sustainable regulatory frameworks rather than short-lived political clout.
The absence has not detracted from Hoskinson’s ongoing lobbying efforts in global policy, which include collaborations with international leaders. He maintains that policy should be anchored in consistent legislative action rather than individual executive orders or temporary political advances. The global community continues to engage with regulatory discussions, underlining the necessity for stable legislative measures.
The crypto community has reacted with mixed sentiments, with many questioning the political motivations behind Hoskinson’s exclusion despite Cardano’s success and consideration in significant national crypto reserves. This uncertainty spotlights the regulatory landscape’s intricate balance in shaping the future of cryptocurrencies.
Cardano Price Volatility Amid Regulatory Uncertainty
Did you know? Cardano’s ADA surged over 70% following news of its potential reserve inclusion but saw a 30% correction soon after, indicating volatility tied to political announcements.
Cardano (ADA) stands with a current market price of $0.62 and holds a market capitalization near $21.87 billion, according to CoinMarketCap. In recent months, ADA experienced a volatile journey, seeing a 0.09% increase over 24 hours yet declining 16.43% over the last 30 days. Updated price statistics as of April 18, 2025, show a circulating supply of approximately 35.29 billion coins. Transaction volumes dipped, underscoring market hesitancy amid regulatory discussions.
The Coincu research team posits that while political actions may strongly influence short-term price movements in the crypto market, the ultimate stability and growth of Cardano will greatly rely on comprehensive regulatory legislation. Historical trends show these long-haul legislations wield more enduring impacts than momentary executive decisions.
Source: https://coincu.com/332950-cardano-founder-white-house-exclusion/