Kardano Charles Hosnson’s founder confirmed that he was not invited to a round white table from March 7 by US President Donald Trump. While industry leaders and policy makers are preparing for the four -hour event in Washington, Hoskinson is heading to Japan, where he will meet the Cardano community and organizational officials.
At the end Live broadcast Entitled “Japan”, Hoskinson addressed the White House’s top, and rejected the idea that such meetings greatly constitute a long -term encryption policy. “We did not get an invitation on Monday. We didn’t get an invitation on Tuesday.” We did not receive an invitation today on Wednesday. “
Cardano founder goes to Japan
Hoskinson stressed that although the White House participation is drawing attention, objective organizational progress in Congress and administrative agencies will be determined instead of the prominent executive branch meetings.
“The president signs the laws; he pointed out that the legislative branch writes the laws,” noting the ongoing efforts to pass the Stablecoin Bill, the Market Temple Bill, and other encryption legislation. “The vast majority of permanent sustainable procedures will be taken will be at the level of the legislative branch.”
Cardano founder also emphasized the complexity of the organization of encryption, on the pretext that the identification of digital assets and the creation of legal frameworks requires a deeper participation that exceeds the one White House meeting. He cited many of us. Agencies – including NIST, SEC, CFTC and Treaury – which will need to create technical and legal definitions before the federal encryption policy is formed.
Hoskinson also pointed to the challenge of identifying “American cryptocurrencies” in the context of proposed tax exemptions. Asked about how the organizers are classified as Bitcoin and Ethereum, given their global origins. “Is ethereum an American encryption? He indicated that ICO was founded in Switzerland, and ICO fell in Switzerland, and the inventor of Canadian.” “What about Bitcoin? We do not even know who is the founder.”
Besides Washington, Hoskson stressed the need for international organizational coordination, noting that countries such as Switzerland, the United Arab Emirates, the United Kingdom and Japan are organizing cryptocurrencies for years. He wondered whether American politicians will integrate these current frameworks in their approach.
“This is a global industry, not just an American industry,” he said. “Where is the international organizers in this process?
Hoskinson’s journey in Japan is in line with its broader vision of Cardano as a global Blockchain network instead of a journey linked to any one judicial mandate. Japan has been a decisive market for Cardano since its establishment in 2015, while supporting strong society and organizational participation.
“Kardano is for the world,” he said. “That is why we were in Africa, and for this reason we went to Argentina in our constitutional agreement, which is why we are heading to Japan now.”
Hoskinson was criticizing the inclination of the encryption industry to focus on optics instead of objective political action. He warned against dealing with organizational participation as a “popular competition” and rejected the idea that inviting the White House will determine the success of the project in the long run.
He said: “If you believe for a moment that your encryption currency will work well because someone went to an affair, you are a fool.” “It tells you that you never know anything about how the US government works.”
He also pointed to the political fluctuation of encryption regulation, and referring to previous government measures against major players such as Coinbase, Kraken and Ripple. “Not long ago, the US government was brutally attacking Coinbase, Kaken and XRP. Now suddenly, ADA is claimed part of a national reserve? This is the injury.”
What is the following for Cardano?
While American policy makers are discussing encryption, Hoskinson is still focusing on the development and adoption of Cardano. Define the main priorities, including the expansion of Defi Bitcoin’s capabilities on Cardano, the implementation of new governance mechanisms through Leios, the progress of the midnight chain project and participation with international organizers across Europe, the Middle East and South America.
Hoskinson also again confirmed his commitment to the participation of the long -term encryption policy, saying that the Kardano Policy team will continue to work with legislators. However, he believes that organizational clarity will take years to achieve it, which requires cooperation from both parties and the participation of the ongoing industry.
He said: “The encryption legislation must be written in a way that stands in the time of time – just like the Securities Exchange Law of 1933, which is still related today.”
At the time of the press, ADA was traded at $ 0.94.
Distinctive image from YouTube, Chart from TradingView.com
