Cardano Sends Representatives to Trump’s Inauguration Ceremony: Why?

Cardano founder Charles Hoskinson plans to take part in political initiatives to shape cryptocurrency regulation and policy in the US. Maintaining an active dialogue with lawmakers and government officials is the main goal, as Hoskinson believes this is crucial to the future of crypto. Therefore, to advance its goals, Cardano will send a delegation of 10 representatives, including key team members, to the upcoming presidential inauguration. On the market front, Cardano’s #ADA has gained momentum by breaking the $1 barrier again. The ADA futures market is on a roll, as it saw a 9.7 percent increase in open interest. This data is thought to indicate investor confidence and continued interest in the Cardano community. Binance led the $ADA open interest market share in general. The exchange is followed by Bybit and Bitget.

Cardano (ADA) founder Charles Hoskinson seems quite excited about cryptocurrency regulation. He announced that he will be making significant political efforts to shape the discussions on crypto policies. Hoskinson emphasized the importance of actively engaging in dialogue with lawmakers and government officials to shape the future of cryptocurrencies in the United States. In this context, #Cardano will send a delegation of 10 representatives to the upcoming presidential inauguration. Hoskinson said that his team will include Chief Legal Officer Joel and Policy Leader Cynthia. He also noted that Chief of Staff JJ will also be on the delegation and that there will be opportunities to meet with the cabinet.