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Note published on January 14, 2026 at 3:45 AM UTC

2026-01-14T03:45:22+00:00

I've mentioned this before, but one thing I've been closely watching for is when crypto people begin to distance themselves from Trump.

November 2024 vs. January 2026

Cardano founder Charles Hoskinson has also clearly been trying to woo Trump, claiming very shortly after the election that he was “going to be spending quite a bit of time working with lawmakers in Washington DC and quite a bit of time with members of the administration to help foster and facilitate with other key leaders in industry the crypto policy”.6 While he has continued to boast vaguely about meetings with various influential figures, winkingly describing a “VIP dinner” where “diet coke will certainly be on [the menu]”, there’s been little outside confirmation that he’s had much access to the Trump administration.

Cardano creator Charles Hoskinson said U.S. President Donald Trump's administration has put the American crypto industry in a worse position than it was under Trump's predecessor, former President Joe Biden.