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Charles Hoskinson To Appear In Front Of House Of Representatives


www.thecoinrepublic.com 25 June 2022 04:04, UTC
Reading time: ~2 m

  • Charles Hoskinson, the founder of Cardano, will be in front of the House of Representatives Committee on 23rd June.
  • Cardano has made an announcement to join forces with Linux Foundation as a gold member, establishing itself as the sole nonprofit active currently.
  • As of this writing, ADA, native crypto asset of Cardano, was trading at a market capital of $0.5033, bullish by 6.02% during the past 24 hours.

Cardano Founder To Appear For A Hearing

Charles Hoskinson, the founder of Cardano, will be appearing in front of the United States House of Representatives Committee on Credit, Subcommittee on Commodity Exchanges, and Agriculture today.

Charles Hoskinsin posted an image of a seat while waiting for the hearing to begin. He is going to offer testimony and replies to the queries from the members of the committee in the hearing dubbed “The Future Of Digital Asset Regulation.”

pic.twitter.com/Ufd80tv99A

— Charles Hoskinson (@IOHK_Charles) June 23, 2022

The Committee of Agriculture monitors CFTC, and was set up in the US back in 1974. Recently, ETH and BTC have been witnessed as commodities more often.

Cardano Gold Membership

Cardano has made an announcement that they will be joining forces with the Linux Foundation as a gold member, rendering themselves as the sole standing non profit entity at present.

During its past weekly update, IOHK offered some metrics on the growth of the network. As of now, 1020 projects are developing on the Cardano ecosystem of Cardano.

90 more projects were unveiled recently on the Cardano blockchain, while total NFT projects escalated to 5,868.

As of this writing, ADA, native crypto asset of Cardano, was trading at a market capital of $0.5033, bullish by 6.02% during the past 24 hours.


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