Cardano founder Charles Hoskinson is planning to launch a Political Action Committee (PAC) in Wyoming to become a major power broker in the state's politics. He feels wronged by the system after his project, Cardano, was excluded from the blockchain selection process for Wyoming's Stable Token (WST) project. Hoskinson aims to use the PAC to influence bidding policies and support candidates who can bring transparency to the process. He believes that the exclusion of Cardano was part of a conspiracy involving former employees of Ethereum developer ConsenSys, stablecoin issuer Circle, and asset manager BlackRock. Hoskinson criticizes the lack of transparency in the process and believes that the current WST project is doomed to fail. His planned Wyoming effort follows the successful use of PAC strategies in the crypto industry last year to elect pro-crypto candidates.



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