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Cryptocurrency News Articles
Cardano (ADA) Founder Charles Hoskinson Reportedly Not Invited to White House Crypto Summit
Mar 07, 2025 at 11:02 am
Despite speculation following former President Trump's statement about including ADA in the U.S. Crypto Reserve
Despite speculation following former President Trump's statement about including ADA in the U.S. Crypto Reserve, Cardano founder Charles Hoskinson was reportedly not invited to the White House Crypto Summit.
According to a report from crypto news outlet Unchained, a White House source said that Hoskinson will not be attending the White House Crypto Summit on March 7, as he was not included on the guest list.
Moreover, the report highlighted that neither Hoskinson nor Cardano representatives have met with the president since his inauguration.
Cardano in the US Crypto Reserve
On March 3rd, U.S. President Donald Trump announced the creation of a U.S. strategic crypto reserve, naming Cardano (ADA) alongside XRP and Solana (SOL) as the initial assets included. Bitcoin (BTC) and Ethereum (ETH) were later added after an initial omission caused confusion.
Following Trump’s announcement, Cardano (ADA) experienced a sharp 72% surge. However, the token has since plunged 24.7%, trading at $0.801 as of March 4, 2025 (1:00 PM)–a day after the announcement.
What is the White House Crypto Summit?
President Trump’s White House Crypto Summit, set for March 7 U.S. Time will bring together key industry leaders and government officials to discuss the future of cryptocurrency in the U.S.
Attendee List
Cointelegraph’s report includes a list of confirmed and unconfirmed crypto executives and government attendees at the summit.
Crypto Industry
Confirmed
Unconfirmed
White House
Confirmed
Unchained highlighted that the guest list could still change before the event.
The report also noted that the president’s son, presidential candidate, and House Speaker were among the politicians who supported legislation to ban or regulate cryptocurrencies.
While details of the crypto reserve proposal remain undisclosed, the announcement of the inclusion of XRP, SOL, ADA, BTC, and ETH sparked diverse reactions from the community.
This article is published on BitPinas: Cardano Snubbed? Charles Hoskinson Reportedly Not Invited to White House Crypto Summit
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