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.
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.
Coinbase has taken a major step toward expanding its decentralized finance (DeFi) presence by bringing onboard the leadership team behind Opyn Markets, a prominent name in the DeFi derivatives space.
Grayscale Investments has called on the U.S. Securities and Exchange Commission (SEC) to allow the launch of its multi-crypto ETF—the Grayscale Digital Large Cap Fund—arguing that further delays violate statutory deadlines and harm investors.
Robinhood has officially introduced Ethereum (ETH) and Solana (SOL) staking services for its U.S. customers, offering a new way for users to earn rewards on their crypto holdings.
Binance CEO Richard Teng shared an optimistic outlook on the future of cryptocurrencies during an appearance on Mornings with Maria, highlighting growing global acceptance, regulatory progress, and strategic reserve integration.