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

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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 Hoskinson 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 Trump. 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.

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.