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Home Cryptocurrency News

Ripple CEO Joins White House Crypto Summit, But Hoskinson Is Left Out

Crypto Team by Crypto Team
March 6, 2025
in Cryptocurrency News
Reading Time: 3 mins read
White House Crypto Summit

White House Crypto Summit

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The White House Crypto Summit, set for March 7, 2025, is shaping up to be a landmark event in U.S. crypto policy, potentially laying the groundwork for a national crypto reserve. However, Cardano’s co-founder Charles Hoskinson has been left off the guest list, despite President Donald Trump previously mentioning ADA’s potential role in a reserve strategy.

A White House source confirmed to Unchained that neither Hoskinson nor Cardano has been included in policy discussions or invited to the event.

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“They are running around town trying to push their own sort of narrative. They are not involved in anything about trying to influence policy and they are not invited to Friday’s summit,” the source stated.

Top Crypto CEOs Invited—Hoskinson Left Out

Despite Hoskinson’s exclusion, the summit will host some of the biggest names in the crypto industry, including:

  1. Brad Garlinghouse – CEO of Ripple
  2. Michael Saylor – Founder of MicroStrategy
  3. David Bailey – CEO of Bitcoin Magazine
  4. Matt Huang – Co-founder of Paradigm
  5. JP Richardson – CEO of Exodus
  6. Kyle Samani – Managing Partner at Multicoin Capital
  7. Zach Witkoff – Co-founder of World Liberty Financial
  8. Sergey Nazarov – Co-founder of Chainlink
  9. Brian Armstrong – CEO of Coinbase
  10. Vlad Tenev – CEO of Robinhood
  11. Arjun Sethi – CEO of Kraken
  12. Kris Marszalek – CEO of Crypto.com

Trump’s Crypto Strategy and Bitcoin’s Role

The crypto summit, running from 1:30 p.m. to 5 p.m. ET on March 7, will be led by David Sacks, Trump’s appointed AI and crypto czar. The main focus? Bitcoin’s strategic role in U.S. policy.

Commerce Secretary Howard Lutnick recently stated that Bitcoin would be prioritized over other cryptocurrencies, marking a clear division in Trump’s crypto strategy.

Hoskinson’s Absence Raises Questions

Hoskinson had previously hinted at attending a fundraising dinner for the pro-crypto PAC MAGA Inc., but the White House also confirmed that he was not invited to that event.

His exclusion raises questions about Cardano’s position in U.S. crypto policy. While Ripple CEO Brad Garlinghouse and others continue to gain influence, Cardano’s absence from regulatory discussions may impact its long-term role in the U.S. market.

What This Means for the Crypto Industry

With Bitcoin taking center stage and altcoins receiving less attention, the White House’s crypto agenda could significantly influence regulations, institutional adoption, and future policy frameworks.

Stay tuned as we bring the latest updates on how this summit shapes the future of crypto in the U.S.

Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency investments carry risks—always conduct your own research before investing.

Tags: Brad GarlinghouseWhite House Crypto Summit
Crypto Team

Crypto Team

Our Team is seasoned financial journalist and crypto enthusiast. With a keen eye for market trends and regulatory developments, John brings insightful and well-researched news articles to the readers. Stay informed with his expertise in the dynamic world of cryptocurrencies.

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