Cardano's Charles Hoskinson recently reassured the crypto community that the industry is well-represented and hinted at positive developments ahead.
In a social media update, he dismissed speculation about government appointments, clarifying that no one from the executive branch is being assigned a crypto-related role.
Hoskinson addressed the growing rumors, emphasizing that meetings do not equate to endorsements or special authority. Despite his clarification, some in the community have criticized him for fueling speculation, arguing that his comments contributed to the rumors.
Previously, Hoskinson teased a significant meeting scheduled for early March, leading to speculation about high-profile discussions. Although he refrained from naming individuals, references in his posts hinted at possible connections.
Amid past speculation that he could serve in an advisory role for the U.S. government on cryptocurrency matters, Hoskinson has now urged the community to avoid further conjecture, stating that such discussions could be counterproductive.
Ripple has chosen global banking giant BNY Mellon to act as the primary custodian for reserves backing its enterprise-grade stablecoin, Ripple USD (RLUSD).
Goldman Sachs now expects the Federal Reserve to begin cutting interest rates sooner than previously anticipated, forecasting the first reduction as early as September 2025.
Lithuania’s central bank has reached out to Robinhood for further details regarding its newly launched stock token products, following a public distancing by OpenAI from the initiative.
As President Trump accelerates his tariff strategy ahead of the August 1 deadline, new White House letters reveal formal trade warnings sent to multiple nations, including Tunisia, Cambodia, Indonesia, and others.