Cardano founder Charles Hoskinson has put an end to growing speculation that he might be considered for a crypto-related position in the US government.
Following reports of a meeting with an unnamed VIP in Florida, rumors swirled that Hoskinson could be involved in shaping US crypto policies. However, in a recent X (formerly Twitter) post, he clarified that these speculations are unfounded, emphasizing that “meetings do not imply endorsement.”
Hoskinson further stated that he will not comment further on the topic unless new information emerges. He reassured the community that the crypto industry already has strong representation from experts and policymakers amid increasing regulatory scrutiny.
“At this juncture, further comments and speculation are both counterproductive and unnecessary,” said Hoskinson.
Although he remains disengaged from a formal government role, Hoskinson is expected to attend the inaugural White House Crypto Summit this Friday, though details of the event remain scarce.
Cardano Founder Defends XRP Amid Strategic Reserve Controversy
Beyond the White House speculation, the Cardano community has been abuzz following Donald Trump’s decision to include ADA in the US Crypto Strategic Reserve.
Hoskinson also weighed in on the debate surrounding XRP’s inclusion in the Strategic Reserve, responding to criticisms from well-known gold advocate Peter Schiff.
Despite the backlash, Hoskinson praised XRP’s technology and resilience, highlighting its decade-long survival through market cycles and regulatory challenges.
“XRP is great technology, a global standard, survived a decade through many harsh cycles, and has one of the strongest communities,” he said.
His comments have received appreciation from the XRP community, reinforcing the idea that the cryptocurrency industry should be unified rather than divided by tribalism.
Crypto Regulation & Industry Representation
As US regulators ramp up cross-agency collaborations to establish clearer rules for digital assets, Hoskinson remains confident that the industry has proper representation.
While regulatory discussions continue, major figures like Hoskinson, Ripple’s Brad Garlinghouse, and Binance’s Richard Teng are seen as key players in the evolving crypto policy landscape.
With the White House Crypto Summit on the horizon, all eyes will be on the regulatory stance and decisions that may shape the future of the digital asset industry in the US.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are volatile and subject to regulatory changes. Always conduct thorough research before investing.
