Charles Hoskinson, the founder of Cardano 
$0.385644 and a key figure in the cryptocurrency world, addressed recent speculations regarding his involvement with the U.S. government. He emphasized that discussions he has had with U.S. officials do not imply he will take on a new role. Furthermore, he stated that XRP should be recognized as an international standard.
Clarification on Discussions with the U.S. Government
Recently, there have been talks about significant changes in U.S. cryptocurrency regulations. Speculations arose suggesting that Hoskinson might be appointed to a position in the White House, particularly following a private meeting in Florida. However, he firmly articulated that these meetings were unrelated to any appointment process.
Hoskinson highlighted that these talks focused on the overall state of the industry and regulatory developments. He stressed the unnecessary nature of such speculations, reminding that the cryptocurrency market is currently managed by its existing representatives and experts.
Discussions on XRP and Global Standards
Debates about XRP potentially playing a larger role globally have gained momentum recently. Hoskinson asserted that XRP possesses strong technology and should establish a greater presence in the industry. He also pointed out the extensive community support that this long-standing project enjoys.
The possibility of XRP becoming an international financial standard was particularly emphasized. Developments within the industry and regulatory processes could directly impact the future of such projects. Hoskinson mentioned the need for projects like XRP to gain wider recognition on a global scale.
Additionally, the upcoming inaugural cryptocurrency summit at the White House is highly anticipated. The summit aims to bring together industry representatives and government officials to discuss the regulatory framework. However, specific details about the meeting’s content have not yet been disclosed.
