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Charles Hoskinson, an active crypto leader who is passionate about the blockchain industry, has recently been spotted as ignored from the March 7 summit. The event held at the White House has only invited a few of the Crypto Personalities while leaving out the co-founder of Cardano. The report from Unchained says that not only the confounder Hoskinson but also the whole Cardano team remains uninvited from the guest list of the crypto summit. This decision provoked many questions and uncertainty, picking around the crypto industry. Why Was Hoskinson And Cardona’s Team Left Out of the Crypto Summit? According to information from the White House, the reason for not inviting Charles Hoskinson, the co-founder of Cardano, and the entire Cardano team was that their views were not considered important enough to influence government policies related to cryptocurrency. Hence, from the list of 25 participants, the name of the co-founder seemed to be ignored. This situation made the enthusiast notice the kind of the White House’s attitude toward the crypto industry. Trump’s Past Remarks vs. The Summit Snub: A Contradiction Trump’s past comment about Cardano’s native token, ADA, has made the situation more complicated as he stated that ADA is an important part of the future crypto reserve. This public statement indicates that Cardano might hold some importance in the crypto policy conversation. Although this may directly contradict Hoskinson’s exclusion from the White House Crypto Summit. Some view this event as a minor oversight, while others argue that it can indicate major political divides or changes in priorities within the U.S. government in accordance with Cryptocurrency. The White House Crypto Summit: What’s at Stake for Cardano and Crypto Policy The white House Crypto Summit is initiated to play an important role in shaping the future of crypto policy in the U.S. This summit will aim to bring leaders, policymakers, and experts together to address important issues like consumer protection, financial stability, and innovation in the Cryptocurrency However the exclusion of Hoskinson may give rise to concern whether the summit will have a wide range of perspectives and voices which are required for making effective decisions and policies. Hoskinson understands Blockchain technology and decentralized systems deeply, and his advice and views could have provided valuable insights for policymakers. His absence narrows the policy framework. What Does This Exclusion Mean for Cardano’s Future? Cardano will remain a powerful player in the crypto space regardless of Hoskinson’s exclusion from the White House Crypto Summit. This project stresses peer-reviewed research, security, and scalability, which continues to attract developers and users alike. The project will continue successfully as Cardano’s strong community, growing ecosystem, and decentralized application, regardless of the political dynamics. Although political engagement can certainly make an impact on the regulatory environment, the fundamental strength of Cardano, like its strong technology and decentralization, remains unaffected by the exclusion of Hoskinson from the summit. Cardano will remain the top Blockchain leader because of its community’s hard work and innovative spirit. Final Words What’s Next for Cardano and Crypto Regulation? Charles Hoskinson, Cardano’s co-founder, was not invited to the White House Crypto summit, which was surprising, as Cardano’s importance in the crypto world remains unconsidered. Cardano is yet expected to remain powerful. As we all are waiting for the White House Crypto summit outcome, the exclusion of Hoskinson will state the complex relationship between political and evolving crypto space. Want to know more about happenings in the crypto space, then do reach out to The BitJournal FAQs When is the White House Crypto Summit 2025? The White House Crypto Summit is estimated to be held on March 7 2025 2. Why is the White House Crypto Summit being held? The White House Crypto Summit is being held to discuss issues on cryptocurrency like consumer security, financial stability, and the future of cryptocurrency regulation. 3. Why wasn’t Hoskinson ignored at the summit? Hoskinson’s views were not seen as important to frame and impact future crypto policies. 4. How does Hoskinson’s Current Status affect Cardano? This status adds restrictions to Cardano’s participation in cryptocurrency policies. 5. What did Trump say about Cardano? Trump said that Cardano’s token, ADA, could be part of the future crypto reserve. Glossary Crypto Summit- A meeting about cryptocurrency and blockchain technology. Charles Hoskinson- The co-founder of Cardano. Cardano- A blockchain platform cofounded by Charles Hoskinson. ADA- The digital coin of the Cardano network. White House – The government of the US, which regulates crypto policies Sources- Coinmarketcap Unchained

Lawmakers in New York state are reviewing a proposed bill to fight crypto scams and rug-pull attacks. This Bill comes amid increasing efforts to protect retail investors from fraud involving new technologies. According to reports from Blockbeats, the proposed bill, A06515, introduced by Assembly man Clyde Vanel, seeks to amend the New York Penal Law. This amendment would involve adding provisions specifically addressing fraudulent crypto sector activities. The proposed bill aims to include major illegal activities, such as rug pulls, private key fraud, and scams involving undisclosed interests in virtual tokens. It would establish criminal penalties to prevent these crypto attacks. Under the proposal, new criminal charges would be created, explicitly targeting deceptive practices associated with cryptocurrencies. Given the meteoric adoption of crypto, this bill emphasizes the need for proper security measures. With the huge profits experienced in the crypto market, the chances of bad players skyrocket. Meanwhile, the bill comes after a rug-pull attack on the LIBRA coin endorsed by Argentine President Javier Milei. Notably, eight project-related wallets dumped $107 million through liquidity manipulation, raising questions regarding the project’s intent. Within hours, this triggered a 94% price collapse, wiping out investor capital worth about $4 billion. As we reported earlier, investigations uncovered cross-chain transfers and suspicious wallet activity pointing to a single group controlling the LIBRA and MELANIA token launch. The findings, therefore, suggest coordinated pump-and-dump schemes by the same group. LIBRA, once envisioned as a revolutionary digital currency, now faces regulatory and reputational challenges. Globally, the LIBRA controversy has outraged crypto supporters, who are concerned that it damages the credibility of blockchain innovation. Analysts highlight that the Milei-backed LIBRA scandal has exposed vulnerabilities in projects that rely heavily on celebrity endorsements and speculative hype. As crypto scams continue to increase, several agencies are intensifying their efforts to ensure that the blockchain arena becomes a safe space for users and investors. In our recent update, we examined the move by the US Securities and Exchange Commission (SEC) to launch the Cyber and Emerging Technologies Unit (CETU) to protect retail investors from fraud. This team has a new emphasis on digital security, signifying a change from the past Crypto Assets and Cyber Unit. In addition to managing crypto fraud cases, they will pay more general attention to cybersecurity. The government has formed alliances with multinational tech giants like Google and Meta to tackle crypto scams in India. Through the partnership, Google has included its payment system, Google Pay, in the national scam reporting system. On the other hand, Meta worked with government agencies to introduce instructional campaigns to increase public knowledge of online scams.

A champion is a champion, not a female champion. A CEO is a CEO, not a female CEO. An entrepreneur is just an entrepreneur. We get it—talent has no gender. That’s why at Bitget, 44.3% of our non-technical roles are held by women. But the gap remains. Only 26% of crypto holders are women! Crypto is still a male-dominated space. Tomorrow is International Women’s Day—celebrate women, support them, and uplift them like they do for you! 💜 #IWD2025

The ongoing legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple may finally be coming to an end. Joshua Dalton, founder of Triblu LLC, recently claimed that the SEC is expected to dismiss its lawsuit against Ripple “today or tomorrow.” His statement, made on March 5, 2025, suggests that the resolution could align with the SEC’s scheduled closed-door meeting on March 6. Adding to the speculation, former White House official Anthony Scaramucci has hinted that the SEC has already dropped its lawsuit against Ripple. Although no official confirmation has been released, these claims have ignited discussions within the crypto community, with many anticipating a landmark decision. Is the Ripple Lawsuit Finally Ending? Ripple has been locked in a legal battle with the SEC since December 2020, when the agency accused the company of conducting an unregistered securities offering through XRP. Over the years, this case has become one of the most significant legal disputes in the cryptocurrency industry, shaping regulatory debates and drawing attention from lawmakers and financial experts. Now, with the SEC’s closed-door meeting scheduled for March 6, many believe a settlement or outright dismissal of the case may be imminent. Such meetings are often used to discuss confidential enforcement matters, potential settlements, and ongoing litigation. The timing of this meeting, just one day before the White House Crypto Summit, further fuels speculation that a resolution may be on the horizon. White House Crypto Summit: A Key Event The U.S. government is set to host its first-ever White House Crypto Summit on March 7, marking a pivotal moment for the industry. David Sacks will chair the event, bringing together key stakeholders to discuss crypto regulations, market developments, and the future of blockchain technology in the U.S. Notably, Ripple CEO Brad Garlinghouse has been invited to attend the summit. His presence suggests that Ripple’s role in shaping future regulatory frameworks is expanding. This invitation has led many within the XRP community to speculate that a favorable resolution to Ripple’s case is near, potentially positioning the company as a regulatory-compliant leader in the space. What This Means for the Crypto Industry If the SEC formally dismisses its lawsuit against Ripple, it could mark a major shift in the U.S. approach to cryptocurrency regulation. The agency has recently dropped cases against major crypto firms, including Coinbase, Kraken, and Consensys. Resolving the Ripple case would bring an end to what is widely considered the highest-profile legal battle in the sector. Beyond Ripple, the implications for the broader crypto industry could be significant. A dismissal would set a precedent for other crypto companies facing regulatory scrutiny, possibly signaling a more lenient or structured regulatory approach. It could also impact investor sentiment, leading to increased market stability and growth within the sector. Additionally, President Donald Trump’s recent comments about a national crypto reserve—including XRP and other key altcoins—have further bolstered optimism. If XRP secures a role in a U.S. crypto reserve, its legal clarity and legitimacy in financial markets would be significantly enhanced. Final Thoughts With the SEC’s meeting just hours away and the White House Crypto Summit following soon after, the next few days could be crucial for Ripple and the broader crypto industry. Whether or not the lawsuit is dismissed, the outcome will likely have far-reaching effects on regulation, adoption, and market sentiment. For now, industry leaders, investors, and XRP holders await official confirmation. If the case is indeed dismissed, it could represent a turning point for the regulatory future of digital assets in the United States. The post SEC to Dismiss Ripple and XRP Case Soon? Here’s What We Know appeared first on Coinfomania.