Charles Hoskinson, the CEO of Cardano, may become the crypto advisor to President Donald Trump when he assumes office. This possibility has been discussed by crypto enthusiasts, with some urging the nomination of Hoskinson as a crypto Advisor due to his contributions to the industry. During Trump’s Republican Presidential campaign, he made several promises to the crypto community.
One of these promises was to remove Gary Gensler as the Chairman of the Securities and Exchange Commission (SEC). Following the election results, there is speculation about the potential stance of the incoming administration towards crypto. Some crypto enthusiasts hope that the new administration will appoint Charles Hoskinson as a crypto policy advisor.
Hoskinson has been praised for his work in the crypto industry, and there is even a chance that he may have a meeting with Argentina’s President, Javier Milei, which could influence his chances of becoming the crypto advisor. However, there is also a rival candidate in David Bailey, the CEO of Bitcoin Magazine and convener of the popular Bitcoin Conference 2024, who also has close ties to the Trump campaign.
Although this is all speculative, Charles Hoskinson and David Bailey are considered the main candidates for the position of crypto advisor.