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Charles Hoskinson says he ‘knew nothing’ of ADA being selected for US reserve

cryptoweekly by cryptoweekly
March 6, 2025
in bitcoin, News
0

Cardano’s Hoskinson says he woke up to messages of congratulations but had “no idea what the heck was going on.”

Cardano founder Charles Hoskinson said he wasn’t aware that US President Donald Trump would include the network’s native token, ADA, in his proposed crypto reserve until the day it was announced. 

“We knew nothing about ADA being selected for the reserve. It was news to me,” Hoskinson said in a video on March 5. He added that he woke up on March 2 to 150 messages of congratulations but had “no idea what the heck was going on.”

“We never even knew about it, and nobody even talked to us about it,” he added, before saying that he tried hard to have these conversations before being told, “We’ll call you back” or “We’ll figure it out.” 

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  • Trump eyes executive order to open up retirement funds to crypto: FT
  • Canary Capital bets on Injective with staked ETF filing
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  • US to investigate Brazil’s digital payment system
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