Crypto News: Cardano’s Hoskinson Snubbed for White House Crypto Summit, Ripple CEO on the List

Anticipation is growing in the crypto world ahead of the White House Crypto Summit set for Friday, March 7, 2025. This first-of-its-kind event is expected to play a crucial role in the future of U.S. crypto policy, possibly launching a U.S. strategic crypto reserve. Several key figures in the industry, including members of former President Donald Trump’s crypto task force, are expected to attend.

However, as the guest list has started to take shape, one notable name is missing: Cardano co-founder Charles Hoskinson. According to Unchained, a White House source confirmed that Charles Hoskinson Charles Hoskinson Charles Hoskinson is an American entrepreneur and blockchain visionary. He co-founded IOHK, and Cardano (ADA), a blockchain project. He also co-founded the Ethereum blockchain platform. With the help of Cardano’s proof-of-stake (PoS) blockchain, Charles weighs on scalability, security, and interoperability to facilitate enterprise blockchain adoption. He directs research in Web3, cryptocurrency innovation, and decentralized governance through IOHK. Quick Facts Full Name Charles Hoskinson Birth 05-11-1987 in Hawaii, United States Nationality American Education University of Colorado Boulder, Metropolitan State University of Denver Marital Status Unmarried as of 2025 Net Worth Estimated around $700 million Charles Hoskinson's work in cryptography, digital assets, and blockchain promotion has recognized him in the crypto. His efforts in developing blockchain have greatly contributed to the advancement of DeFi and blockchain networks globally. Charles Hoskinson - Professional Career Timeline 2013 – Co-founded Ethereum (ETH), contributing to smart contracts and decentralized applications. 2014 – Left Ethereum over governance disputes and founded IOHK (Input Output Hong Kong). 2015 – Started developing Cardano (ADA), a third-generation blockchain with a proof-of-stake (PoS) model. 2017 – Launched Cardano mainnet, introducing scalable and secure blockchain solutions. 2019 – Led Cardano’s Shelley upgrade, enhancing network decentralization and staking rewards. 2021 – Rolled out Alonzo hard fork, enabling smart contracts and DeFi on Cardano. 2022 – Expanded Web3, governance, and blockchain adoption via Cardano’s Vasil hard fork. 2023 – Advocated financial inclusion and blockchain education in Africa and developing nations. 2024 – Advanced self-sovereign identity and on-chain governance with Cardano’s latest updates. Present – Continues shaping blockchain innovation, DeFi, and decentralized ecosystems through IOHK. He has collaborated with various tech experts and blockchain startups. Charles sees decentralized finance as a tool for financial freedom. He also educates crypto beginners through social media sites, conferences, and tech channels. Useful Links to Connect With Charles Hoskinson Platform Link X (formerly Twitter) Charles Hoskinson (@IOHK_Charles) / X LinkedIn profile Charles Hoskinson - Self-employed | LinkedIn Cardano Foundation Cardano Foundation YouTube profile https://www.youtube.com/c/charleshoskinson Chief Executive Officer was not invited to the summit, nor has Cardano been involved in any policy discussions or meetings with the administration.

“They are running around town trying to push their own sort of narrative. They are not involved in anything about trying to influence policy and they are not invited to Friday’s summit,” the White House source told Unchained.

Hoskinson’s absence is particularly surprising given recent comments from President Donald Trump Donald Trump   Donald J. Trump is a US-based entrepreneur, Pro-crypto Politician, and the 45th and 47th President of the United States of America. He understands the importance and needs of the modern fintech world, and people look up to him as a dominant pro-crypto leader.   Quick Facts   Full name Donald John Trump Birth 14-06-1946, New York, United States Nationality American Education BS from the University of Pennsylvania Known For Businessman, Pro-Crypto Politician   Once doubtful about Bitcoindominance, he said in a tweet in 2019, “I am not a fan of Bitcoin", but now has a significant amount of cryptocurrency holdings in his kitty. He has also signed an Executive Order to establish a Strategic Bitcoin Reserve, which highlights his commitment to the future of cryptocurrency.   Donald Trump - Career Highlights & Events   2016 – Elected as the 45th President of the United States from the Republican Party.   2017 – Signed the Tax Cuts and Jobs Act, impacting investment environments   2019 – Criticized Bitcoin and Libra on X, dubbing them as "not money"   2024 – Campaign signals potential openness to crypto-friendly reforms   2025 –  Elected as the 47th President of the United States from the Republican Party.   A meme coin, $TRUMP, is associated with Donald Trump, which is listed on the Solana blockchain platform. His family also backs World Liberty Financial (WLF), a crypto venture.     President On Sunday, Trump mentioned that Cardano’s ADA, would be part of a crypto reserve, which led many to expect Hoskinson’s attendance at the event.

Confirmed Guests for the Summit

Despite the exclusion of Hoskinson, several high-profile crypto industry leaders will be in attendance. The confirmed guest list includes:

• Brad Garlinghouse – CEO of Ripple
• Michael Saylor – Founder of MicroStrategy
• David Bailey – CEO of Bitcoin Magazine
• Matt Huang – Co-founder of Paradigm
• JP Richardson – CEO of Exodus
• Kyle Samani – Managing Partner at Multicoin Capital
• Zach Witkoff – Co-founder of World Liberty Financial
• Sergey Nazarov – Co-founder of Chainlink
• Brian Armstrong – CEO of Coinbase
• Vlad Tenev – CEO of Robinhood
• Arjun Sethi – CEO of Kraken
• Kris Marszalek – CEO of Crypto.com

Hoskinson had previously hinted that he might attend a fundraising dinner for the pro-crypto PAC MAGA Inc., but the White House confirmed that he was not invited to that event either.

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Key Focus of the Summit

The summit is set to run from 1:30 p.m. to 5 p.m. ET on March 7 and will be led by David Sacks, President Trump’s appointed AI and crypto czar. One of the main points of discussion will be the handling of Bitcoin and other cryptocurrencies. Commerce Secretary Howard Lutnick stated in a recent interview that Bitcoin would be treated differently than other altcoins, as it is a significant part of President Trump’s crypto strategy. 

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