Charles Hoskinson Comments on Absence from White House Roundtable
In a recent statement, Charles Hoskinson, the founder of Cardano (ADA), addressed his absence from a significant cryptocurrency roundtable at the White House, where former President Donald Trump engaged with leading figures in the digital currency sphere, such as Coinbase’s Brian Armstrong and Ripple’s Brad Garlinghouse.
“There’s no need to make a deal with Trump,”
Hoskinson emphasized that the overarching goal should be the development of a robust, long-lasting regulatory framework for cryptocurrencies, rather than aligning with transient political figures.
Importance of a Stable Regulatory Environment
During the meeting, Trump’s discussions focused on the future of digital asset regulation, yet Hoskinson’s exclusion has raised questions regarding the inclusivity of such influential forums. He underscored his belief that the creation of a reliable regulatory environment is far more critical than any executive orders or temporary measures that might emerge from political leaders.
“Although Trump might promote ideas like a Bitcoin Strategic Reserve or make various appointments related to the SEC that are favorable towards cryptocurrency, these actions would not address the core issue of policy stability,”
Hoskinson noted. He pointed out that the current volatility in U.S. cryptocurrency policy underscores the importance of decentralized technologies like blockchain, where decisions are less influenced by changing political winds. In his view, the focus should squarely be on establishing laws that ensure the sustainable growth of the cryptocurrency market.
