Cardano Founder Explains Absence from White House Crypto Summit

Charles Hoskinson, the founder of Cardano (ADA), addressed the controversy surrounding his absence from the White House Crypto Summit.

In a statement shared on social media platform X (formerly Twitter), Hoskinson clarified that his focus remains on advancing the growth and decentralization of the Cardano ecosystem, rather than seeking government recognition.

He expressed his gratitude for the support from the Cardano community but emphasized that criticizing government officials online wouldn’t lead to meaningful change. Instead, he encouraged the community to concentrate on the development and competitiveness of the Cardano network, believing that this is the most impactful way forward.

While the summit, which aimed to discuss regulatory frameworks and the future of digital assets, brought together key figures from both the crypto industry and the US government, Hoskinson’s exclusion sparked discussions within the crypto space.

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Despite not attending, he reaffirmed his commitment to Cardano’s mission, which has been focused on creating a decentralized and inclusive blockchain for over a decade.

Looking ahead, Hoskinson shared plans to return to Japan, a country closely linked to Cardano’s early development, and to further engage with the global community in a bid to contribute to the ecosystem’s ongoing growth.

Alexander Stefanov