Charles Hoskinson, the founder of Cardano, has publicly addressed recent speculation regarding his potential appointment to a crypto-related role in the U.S. government, specifically within the White House. The rumors began circulating following his recent meeting with a high-profile individual in Florida, sparking discussions about his involvement in shaping the future of U.S. crypto policy.
Hoskinson quickly dispelled these speculations, emphasizing that such meetings do not equate to an endorsement for any role. In a statement posted on X (formerly Twitter), he firmly rejected the idea of any immediate appointment, clarifying that he would not comment further on the matter unless he receives new relevant information. He also stressed that discussions and speculation surrounding his involvement are “counterproductive and unnecessary” at this stage.
While Hoskinson is expected to attend the inaugural White House Crypto Summit in March, details surrounding his participation remain unclear. He also noted that the cryptocurrency industry is in capable hands, with key players and experts already engaged in crucial regulatory discussions, ensuring the sector is well-represented.
In addition to addressing the speculation about his role in the White House, Hoskinson has also stepped forward to defend XRP following its inclusion in the newly established Crypto Strategic Reserve. Amidst criticism, notably from financial commentator Peter Schiff, Hoskinson praised XRP’s underlying technology, describing it as “great” and commending the resilience of its community throughout numerous regulatory challenges. He lauded XRP as a “global standard” and highlighted the strength of its loyal supporters, offering them his full support.
Hoskinson’s remarks have been met with gratitude from the XRP community, who have expressed appreciation for his efforts in advocating for the cryptocurrency amidst ongoing scrutiny.
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