Charles Hoskinson Refutes Speculation on Crypto’s Role in White House, What Does He Say?

Jakarta, Pintu News—Charles Hoskinson, founder of Cardano, recently addressed speculation that he may land a crypto-related role in the US government.

In a clear and unequivocal statement, Hoskinson dismissed all such rumors, insisting that his meetings with several officials did not necessarily indicate any endorsement or ratification on his part.

Check out the full news below!

Speculation and Clarification from Hoskinson

Numerous rumors have suggested that Charles Hoskinson might be appointed crypto advisor at the White House. However, in a recent interview, Hoskinson asserted that the rumors are untrue.

He explained that while there have been some meetings with government officials, these are part of a casual dialog that does not indicate any official appointments. Hoskinson also added that it is important for the crypto industry to be properly represented in policy discussions.

He believes a deep understanding of blockchain and crypto technology is key to effective and fair policymaking. However, he declined to comment further on the speculation, focusing on Cardano’s development and advocacy for wider blockchain adoption.

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Defense of Ripple (XRP)

Amidst the controversy, Hoskinson also took time to defend Ripple (XRP), which was recently included in the Crypto Strategic Reserve. He praised the technology behind Ripple and the resilience of its community, which has supported the cryptocurrency through various legal and market challenges.

Hoskinson’s comments were in response to criticism directed at Ripple, particularly regarding the decision to include it in the strategic reserve.

According to him, Ripple’s technology has significant potential to improve global payment systems and this is an important factor that should be considered in any crypto policy discussion.

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Community Support and the Future of Crypto

Hoskinson’s support of Ripple has been well received by the crypto community, especially Ripple (XRP) fans and holders. It shows the importance of solidarity among crypto leaders facing challenges and criticism. Hoskinson believes collaboration and mutual support are essential for global crypto progress and acceptance.

Looking ahead, Hoskinson emphasized the importance of cooperation between industry leaders and policymakers to ensure that crypto developments can take place in a supportive and fair environment.

He hopes for more constructive dialog that will help address the industry’s issues and pave the way for further innovation.

Conclusion

While speculation about a crypto role in the White House has been debunked, Charles Hoskinson’s statements and actions still demonstrate his commitment to the growth and acceptance of blockchain technology. With a focus on advocacy and education, Hoskinson and his peers in the crypto industry continue to work towards shaping an inclusive and sustainable digital future.

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Reference

• Coingape. Cardano Founder Breaks Silence on White House Crypto Role Speculations. Accessed on March 4, 2025
• Featured Image: Cryptonomist