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Cardano founder: There is no need to strike a deal with Trump; what truly matters is legislation that brings stability to encryption regulation.
On April 18, DLNews reported that Cardano (ADA) founder Charles Hoskinson responded that he was not invited to the White House Crypto Roundtable and said that “there is no need to make a deal with Trump”, Hoskinson said that the current U.S.-driven crypto policy reform should focus on a “sustainable, long-term framework” rather than relying on short-term politicians. During the White House Crypto Summit, Trump met with crypto executives, including CEX CEO Brian Armstrong, MicroStrategy Executive Chairman Michael Saylor, and Ripple CEO Brad Garlinghouse, to discuss digital asset regulation, while Cardano (ADA) founder Charles Hoskinson was not invited. Hoskinson emphasized that even though Trump issued a crypto executive order, established a strategic reserve for Bitcoin, and appointed crypto-friendly individuals to lead the SEC, what really matters is the regulatory stability that comes with legislation. “In the face of the current policy changes in the United States, Trump governs the country like a startup, but this also highlights the need to build a decentralized system such as blockchain, and the only option is blockchain.”