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Charles Hoskinson Unaware of Trump’s Cardano ($ADA) Move

Cardano’s founder says he was unaware of Trump’s plan to include $ADA in a proposed crypto reserve.

  • Charles Hoskinson was unaware of Trump’s $ADA proposal.
  • No Cardano representatives were invited to the White House Crypto Summit.
  • The announcement raises questions about Trump’s crypto strategy.

Cardano’s founder, Charles Hoskinson, has revealed that he was unaware of former U.S. President Donald Trump’s plan to include Cardano ($ADA) in a proposed national crypto reserve until the day it was publicly announced. His statement has sparked discussions within the crypto community about the nature and intent of Trump’s cryptocurrency policies.

No Invitation to White House Crypto Summit

In addition to his surprise over Trump’s $ADA inclusion, Hoskinson also stated that neither he nor any representatives from Cardano had received an invitation to the White House Crypto Summit. This raises questions about the selection process for crypto industry leaders at the event and whether Cardano is being intentionally sidelined.

What This Means for Cardano and the Crypto Market

Trump’s acknowledgment of $ADA as part of a proposed crypto reserve could boost Cardano’s credibility and adoption. However, the lack of communication between Trump’s team and Cardano’s leadership highlights potential gaps in the former president’s crypto strategy. As the U.S. moves toward greater regulatory clarity on digital assets, the role of major blockchain projects like Cardano remains uncertain.

Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Aurelien Sage

Aurelien Sage is a blockchain enthusiast and writer, crafting insightful articles on decentralized technologies, Web3, and the future of finance. His work simplifies complex concepts, empowering readers to navigate the evolving crypto landscape with confidence.

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