ADA’s founder, Hoskinson has recently announced that he has not received an invitation to be part of the Crypto summit that will take pace at the White House on March 7. Furthermore he has satted during his live broadcast that him and the AD team will proceed without expecting any invitation for this upcoming gathering.
Hoskinson’s Response
While dismissed from the summit Hoskinson showed no concern as he believed that legislative channels were the correct route for genuine policy development. He continues to work with legislators for obtaining regulatory definitions that specifically address stablecoins and market structure frameworks.
Industry Attendees
There are Multiple industry leaders and crypto project founders that are set to attend the upcoming summit. One of the most anticipated guest is Michael Saylor the founder of Microstrategy along with Brian Armstrong of Coinbase and Arjun Sethi of Kraken.
ADA’s Surprise Inclusion
Hoskinson reacted with shock when he learned about ADA’s inclusion in the President Trump crypto reserve. Which featured Bitcoin, Ethereum and XRP as well as Solana. Until that day he had no idea ADA had been chosen for inclusion in the newly-established cryptographic reserve. Moreover , he stated that “ It was news to me”.
Summit Invitation Situation
Even though ADA was selected for the proposed crypto reserve. Hoskinson decided to stay away from the White House Crypto Summit on March 7. However, Hoskinson and his team will continue on working towards regulatory advancement through governmental processes
